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The Trade-Off

In: The Inequality Adjusted Gains from Trade

Author

Listed:
  • Erhan Artuc

    (World Bank)

  • Guido Porto

    (Universidad Nacionale de La Plata)

  • Bob Rijkers

    (World Bank)

Abstract

In this chapter, we study the trade-off between the income gains and the inequality costs of import tariff liberalization. The patterns of gains from trade, with winners and losers within and across countries, and the patterns of the distribution of those gains, with pro-poor and pro-rich biases, point toward the existence of potential trade-offs in trade policy. The goal of this chapter is to establish whether such trade-offs exist, to assess them, and to quantify them across least developed and developing countries.

Suggested Citation

  • Erhan Artuc & Guido Porto & Bob Rijkers, 2022. "The Trade-Off," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: The Inequality Adjusted Gains from Trade, chapter 0, pages 59-97, Springer.
  • Handle: RePEc:spr:esichp:978-3-030-93060-8_5
    DOI: 10.1007/978-3-030-93060-8_5
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