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...

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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

Internet

http://documents.worldbank.org/curated/en/122941489496628184/Trade-policy-and-redistribution-when-preferences-are-non-homothetic
http://hdl.handle.net/10986/26346

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