Publication: Trade and inequality in Europe and the US
Trade and inequality in Europe and the US
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Dorn, D., & Levell, P. (2021). Trade and inequality in Europe and the US (No. 1; URPP Equality of Opportunity Discussion Paper Series). https://www.urpp-equality.uzh.ch/dam/jcr:d98857c1-8d60-42f5-b6a6-2644fe439d0c/DornLevell-Trade-Final WP Version.pdf
Abstract
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The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade to growing national skill premia. However, if workers are not highly mobile across firms, industries and locations, then the unequal impacts of trade can manifest along
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Dorn, D., & Levell, P. (2021). Trade and inequality in Europe and the US (No. 1; URPP Equality of Opportunity Discussion Paper Series). https://www.urpp-equality.uzh.ch/dam/jcr:d98857c1-8d60-42f5-b6a6-2644fe439d0c/DornLevell-Trade-Final WP Version.pdf
