Electronic Resource
Oxford, UK and Boston, USA
:
Blackwell Publishers Ltd
Review of international economics
6 (1998), S. 0
ISSN:
1467-9396
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
Recent trade theory suggests that freer trade can be the primary cause of the observed rise of poverty in the United States. The short-run dynamic relationships between openness and poverty are examined using the concept of Granger causality. That the ultimate source of rising poverty since 1973 is trade liberalization of the US economy cannot be rejected. The result is convincing when two subsamples (pre- and post-1973) are reestimated. These findings are at odds with the conventional model in which freer trade raises productivity and hence reduces the poverty rate, but appear consistent with some models in which openness raises poverty.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/1467-9396.00127
Permalink
Library |
Location |
Call Number |
Volume/Issue/Year |
Availability |