well as welfare measured in equivalent variation calculated in a computable general equilibrium (CGE) trade model. The … of liberalised trade. The welfare effects of trade liberalisation confirmed the underutilisation of the TRQ indicated by … a welfare loss, considering the difference in gains of an underutilised quota (USD 2497) and a fully utilised quota (USD …

and the distribution of those gains and provides a quantification of the inequality-adjusted welfare gains from trade. The … -- Chapter 4: Income Gains and Inequality Costs -- Chapter 5: The Trade-Off -- Chapter 6: Alternative Models -- Chapter 7: HIT …This volume examines the relationship between trade liberalization policies and income inequality in developing …

-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 … welfare. The paper assesses how these welfare effects vary across the distribution by estimating impacts on the consumption of … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an …