Income Inequality and Trade: How to Think, What to Conclude | Zendy

J. David Richardson | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Income Inequality and Trade: How to Think, What to Conclude

Author(s) -

J. David Richardson

Publication year - 1995

Publication title -

the journal of economic perspectives

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 9.614

H-Index - 196

eISSN - 1944-7965

pISSN - 0895-3309

DOI - 10.1257/jep.9.3.33

Subject(s) - economics , economic inequality , inequality , earnings , work (physics) , wage inequality , labour economics , wage , mechanical engineering , mathematical analysis , mathematics , accounting , engineering

Recent econometric work and growing analytical consensus suggest that exogenous international market pressures are a contributing factor to trends in U.S. wage/earnings inequality. Trade accounts for a share of these inequality trends close to or somewhat greater than its 10-15 percent share of economic activity, especially over medium-term horizons and dependent on precise definition. Trade is neither a trivial influence nor a dominant one. Evidence exists that its influence has declined slightly in the past decade, however. Rapid technological growth in exportable sectors seems more important.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research