Trade Policy and Redistribution When Preferences are Non-Homothetic

We compare redistribution through trade restrictions vs. 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 tra...

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Bibliographic Details
Main Authors:	Do, Quy-Toan, Levchenko, Andrei A.
Format:	Journal Article
Published:	Elsevier 2018
Subjects:	TRADE RESTRICTIONS REDISTRIBUTION FOOD EXPORT BAN
Online Access:	http://hdl.handle.net/10986/29204

id	okr-10986-29204
recordtype	oai_dc
spelling	okr-10986-292042021-05-25T10:54:43Z Trade Policy and Redistribution When Preferences are Non-Homothetic Do, Quy-Toan Levchenko, Andrei A. TRADE RESTRICTIONS REDISTRIBUTION FOOD EXPORT BAN We compare redistribution through trade restrictions vs. 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. We develop this argument in the context of food export bans imposed by many developing countries in the late 2000s. 2018-01-22T16:41:28Z 2018-01-22T16:41:28Z 2017-06 Journal Article Economics Letters 0165-1765 http://hdl.handle.net/10986/29204 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	TRADE RESTRICTIONS REDISTRIBUTION FOOD EXPORT BAN
spellingShingle	TRADE RESTRICTIONS REDISTRIBUTION FOOD EXPORT BAN Do, Quy-Toan Levchenko, Andrei A. Trade Policy and Redistribution When Preferences are Non-Homothetic
description	We compare redistribution through trade restrictions vs. 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. We develop this argument in the context of food export bans imposed by many developing countries in the late 2000s.
format	Journal Article
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	Elsevier
publishDate	2018
url	http://hdl.handle.net/10986/29204
_version_	1764468759275241472

Trade Policy and Redistribution When Preferences are Non-Homothetic

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