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International Trade and Income Differences

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  • University of Iowa
  • Michael E. Waugh

Abstract

the data. I show that reductions in barriers to trade are quantitatively important---they can reduce income differences by up to 56 percent.

Suggested Citation

  • University of Iowa & Michael E. Waugh, 2007. "International Trade and Income Differences," 2007 Meeting Papers 492, Society for Economic Dynamics.
    • Handle: RePEc:red:sed007:492
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    More about this item

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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