Artikel
How does international trade affect household welfare?
Imported products tend to have lower prices than locally produced ones for a variety of reasons, including lower labor costs and better technology in the exporting country. The reduced prices may lead to wage losses for individuals who work in the production of a local version of the imported item. On the other hand, lower prices may be beneficial to households if the cheaper product is in their consumption basket. These welfare gains through consumption, on average, are found to be larger in magnitude than the wage effect for some developing countries.
- Sprache
-
Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2017 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Empirical Studies of Trade
Microeconomic Analyses of Economic Development
Economic Development: Human Resources; Human Development; Income Distribution; Migration
- Thema
-
international trade
household welfare
consumption
wages
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Marchand, Beyza Ural
- Ereignis
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Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
-
2017
- DOI
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doi:10.15185/izawol.378
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Marchand, Beyza Ural
- Institute for the Study of Labor (IZA)
Entstanden
- 2017
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