Trade Policy and Redistribution When Preferences are Non-Homothetic

Trade Policy and Redistribution When Preferences are Non-Homothetic

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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.

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Bibliographic Details
Main Authors: Do, Quy-Toan, Levchenko, Andrei A.
Format: Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2017-03
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
https://hdl.handle.net/10986/26346
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spelling dig-okr-10986263462024-08-09T09:05:38Z 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 Document de travail Documento de trabajo http://documents.worldbank.org/curated/en/122941489496628184/Trade-policy-and-redistribution-when-preferences-are-non-homothetic https://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 application/pdf text/plain World Bank, Washington, DC
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
spellingShingle TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
Do, Quy-Toan
Levchenko, Andrei A.
Trade Policy and Redistribution When Preferences are Non-Homothetic
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
topic_facet TRADE RESTRICTIONS
TRADE POLICY
REDISTRIBUTION
FOOD EXPORT BAN
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 2017-03
url http://documents.worldbank.org/curated/en/122941489496628184/Trade-policy-and-redistribution-when-preferences-are-non-homothetic
https://hdl.handle.net/10986/26346
work_keys_str_mv AT doquytoan tradepolicyandredistributionwhenpreferencesarenonhomothetic
AT levchenkoandreia tradepolicyandredistributionwhenpreferencesarenonhomothetic
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