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Measuring the Unequal Gains from Trade / Pablo D. Fajgelbaum, Amit K. Khandelwal.
- Format:
- Book
- Author/Creator:
- Fajgelbaum, Pablo D.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20331.
- NBER working paper series no. w20331
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2014.
- Summary:
- Individuals that consume different baskets of goods are differentially affected by relative price changes caused by international trade. We develop a methodology to measure the unequal gains from trade across consumers within countries. The approach requires data on aggregate expenditures and parameters estimated from a non-homothetic gravity equation. We find that trade typically favors the poor, who concentrate spending in more traded sectors.
- Notes:
- Print version record
- July 2014.
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