-level activities, size-wise as well as state-wise, thereby creating some sort of inequality. Moreover, we also show that the aggregate …

This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an … inequality costs (gains), which arise because trade tends to exacerbate income inequality: 45 countries face a trade-off, while …

social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality …-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household inequality. This … yields predictions regarding the linkages between trade protection, country characteristics and inequality in Heckscher …