Trade Policy and Redistribution When Preferences are Non-Homothetic

Trade Policy and Redistribution When Preferences are Non-Homothetic

This paper compares redistribution through trade restrictions versus domestic lump-sum transfers. When preferences are non-homothetic, even domestic lump-sum transfers affect relative prices. Thus, contrary to the conventional wisdom, domestic lump...

Full description

Bibliographic Details
Main Authors: Do, Quy-Toan, Levchenko, Andrei A.
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
Online Access:http://documents.worldbank.org/curated/en/122941489496628184/Trade-policy-and-redistribution-when-preferences-are-non-homothetic
http://hdl.handle.net/10986/26346
id okr-10986-26346
recordtype oai_dc
spelling okr-10986-263462021-06-08T14:42:48Z Trade Policy and Redistribution When Preferences are Non-Homothetic Do, Quy-Toan Levchenko, Andrei A. TRADE RESTRICTIONS TRADE POLICY REDISTRIBUTION FOOD EXPORT BAN This paper compares redistribution through trade restrictions versus domestic lump-sum transfers. When preferences are non-homothetic, even domestic lump-sum transfers affect relative prices. Thus, contrary to the conventional wisdom, domestic lump-sum transfers are not necessarily superior to distortionary trade policy. The paper develops this argument in the context of the food export bans imposed by many developing countries in the late 2000s. 2017-04-12T21:29:35Z 2017-04-12T21:29:35Z 2017-03 Working Paper http://documents.worldbank.org/curated/en/122941489496628184/Trade-policy-and-redistribution-when-preferences-are-non-homothetic http://hdl.handle.net/10986/26346 English en_US Policy Research Working Paper;No. 8005 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
spellingShingle TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
Do, Quy-Toan
Levchenko, Andrei A.
Trade Policy and Redistribution When Preferences are Non-Homothetic
relation Policy Research Working Paper;No. 8005
description This paper compares redistribution through trade restrictions versus domestic lump-sum transfers. When preferences are non-homothetic, even domestic lump-sum transfers affect relative prices. Thus, contrary to the conventional wisdom, domestic lump-sum transfers are not necessarily superior to distortionary trade policy. The paper develops this argument in the context of the food export bans imposed by many developing countries in the late 2000s.
format Working Paper
author Do, Quy-Toan
Levchenko, Andrei A.
author_facet Do, Quy-Toan
Levchenko, Andrei A.
author_sort Do, Quy-Toan
title Trade Policy and Redistribution When Preferences are Non-Homothetic
title_short Trade Policy and Redistribution When Preferences are Non-Homothetic
title_full Trade Policy and Redistribution When Preferences are Non-Homothetic
title_fullStr Trade Policy and Redistribution When Preferences are Non-Homothetic
title_full_unstemmed Trade Policy and Redistribution When Preferences are Non-Homothetic
title_sort trade policy and redistribution when preferences are non-homothetic
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/122941489496628184/Trade-policy-and-redistribution-when-preferences-are-non-homothetic
http://hdl.handle.net/10986/26346
_version_ 1764461753774637056

Similar Items