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Since the expansion of world trade in the 1980s, measures of inequality have risen not only in developed countries, but … also throughout the developing world. This stylized fact is contrary to the predictions of classical trade theory that in … empirically tests the effects of trade on wage inequality in a differentiated panel framework where countries are classified …
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We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
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There is no empirical evidence that trade exposure per se increases child labour. As trade theory and household … economics lead us to expect, the cross-country evidence seems to indicate that trade reduces or, at worst, has no significant …
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