Income distribution, factor endowments and trade revisited: The role of non-tradable goods

We revisit the theme of the distributive implications of international prices and trade policies, focusing on economies relatively abundant in natural resources. The existence of non-traded goods adds a domestic demand channel that operates on factor prices, in addition to the usual Stolper-Samuelso...

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Autores principales: Heymann, Daniel, Galiani, Sebastian, Magud, Nicolas
Formato: Artículo publishedVersion
Lenguaje:Inglés
Publicado: Instituto Interdisciplinario de Economía Política (IIEP UBA-CONICET) 2022
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Acceso en línea:https://ojs.economicas.uba.ar/DT-IIEP/article/view/2455
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=dociiep&d=2455_oai
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spelling I28-R145-2455_oai2026-02-09 Heymann, Daniel Galiani, Sebastian Magud, Nicolas 2022-11-28 We revisit the theme of the distributive implications of international prices and trade policies, focusing on economies relatively abundant in natural resources. The existence of non-traded goods adds a domestic demand channel that operates on factor prices, in addition to the usual Stolper-Samuelson effects. Depending on the configuration of the economy, we find diverse patterns in the response of factor earnings to international and policy shifts. The analysis relates to a number of long-standing concerns in developing economies, especially those of Latin America, and to the recent literature that has brought the role of international trade in shaping domestic social cleavages and policy tradeoffs back to the fore. Este trabajo vuelve sobre el tema de las implicancias distributivas de los movimientos de precios internacionales y de las políticas comerciales, con foco en economías abundantes en recursos naturales. La existencia de bienes no transables introduce un canal de demanda agregada que opera sobre los precios de los factores, además del clásico efecto Stolper-Samuelson. Dependiendo de la configuración de la economía, se encuentran diferentes patrones en la respuesta de los ingresos factoriales a cambios internacionales y de política. El análisis se vincula con tradicionales preocupaciones en países en desarrollo, América Latina en particular y con literatura reciente que ha traído nuevamente a la discusión. El rol de las formas de inserción internacional en la conformación de clivajes sociales y escenarios de política económica application/pdf https://ojs.economicas.uba.ar/DT-IIEP/article/view/2455 eng Instituto Interdisciplinario de Economía Política (IIEP UBA-CONICET) https://ojs.economicas.uba.ar/DT-IIEP/article/view/2455/3200 Documentos de trabajo del Instituto Interdisciplinario de Economía Política; Núm. 14 (2016): Documento de trabajo del Instituto Interdisciplinario de Economía Política UBA CONICET; 1-31 Working Papers series at Instituto Interdisciplinario de Economía Política; No. 14 (2016): Working Paper Instituto Interdisciplinario de Economía Política UBA CONICET; 1-31 2451-5728 distribución del ingreso factores productivos comercio internacional bienes no comerciables Income distribution Factor endowments International trade Non-tradable goods Income distribution, factor endowments and trade revisited: The role of non-tradable goods Revisión de la distribución del ingreso, la dotación de factores y el comercio: El papel de los bienes no transables info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=dociiep&d=2455_oai
institution Universidad de Buenos Aires
institution_str I-28
repository_str R-145
collection Repositorio Digital de la Universidad de Buenos Aires (UBA)
language Inglés
orig_language_str_mv eng
topic distribución del ingreso
factores productivos
comercio internacional
bienes no comerciables
Income distribution
Factor endowments
International trade
Non-tradable goods
spellingShingle distribución del ingreso
factores productivos
comercio internacional
bienes no comerciables
Income distribution
Factor endowments
International trade
Non-tradable goods
Heymann, Daniel
Galiani, Sebastian
Magud, Nicolas
Income distribution, factor endowments and trade revisited: The role of non-tradable goods
topic_facet distribución del ingreso
factores productivos
comercio internacional
bienes no comerciables
Income distribution
Factor endowments
International trade
Non-tradable goods
description We revisit the theme of the distributive implications of international prices and trade policies, focusing on economies relatively abundant in natural resources. The existence of non-traded goods adds a domestic demand channel that operates on factor prices, in addition to the usual Stolper-Samuelson effects. Depending on the configuration of the economy, we find diverse patterns in the response of factor earnings to international and policy shifts. The analysis relates to a number of long-standing concerns in developing economies, especially those of Latin America, and to the recent literature that has brought the role of international trade in shaping domestic social cleavages and policy tradeoffs back to the fore.
format Artículo
publishedVersion
author Heymann, Daniel
Galiani, Sebastian
Magud, Nicolas
author_facet Heymann, Daniel
Galiani, Sebastian
Magud, Nicolas
author_sort Heymann, Daniel
title Income distribution, factor endowments and trade revisited: The role of non-tradable goods
title_short Income distribution, factor endowments and trade revisited: The role of non-tradable goods
title_full Income distribution, factor endowments and trade revisited: The role of non-tradable goods
title_fullStr Income distribution, factor endowments and trade revisited: The role of non-tradable goods
title_full_unstemmed Income distribution, factor endowments and trade revisited: The role of non-tradable goods
title_sort income distribution, factor endowments and trade revisited: the role of non-tradable goods
publisher Instituto Interdisciplinario de Economía Política (IIEP UBA-CONICET)
publishDate 2022
url https://ojs.economicas.uba.ar/DT-IIEP/article/view/2455
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=dociiep&d=2455_oai
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AT magudnicolas incomedistributionfactorendowmentsandtraderevisitedtheroleofnontradablegoods
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