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Income Distribution, Factor Endowments, and Trade Openness

Author

Listed:
  • Antonio Spilimbergo
  • Juan Luis Londoño
  • Miguel Székely

Abstract

This paper studies the empirical links among factor endowments, trade, and personal income distribution. The motivation is that many developing countries have implemented radical trade reforms in recent years. These reforms have changed relative prices, induced a reallocation of resources, and may have led to the introduction of new production techniques. These changes are quite complex and their final effect on income distribution is theoretically unclear. The author`s aim is to present the stylized empirical facts on the relations between income distribution, factor endowments, and trade.

Suggested Citation

  • Antonio Spilimbergo & Juan Luis Londoño & Miguel Székely, 1997. "Income Distribution, Factor Endowments, and Trade Openness," Research Department Publications 4088, Inter-American Development Bank, Research Department.
  • Handle: RePEc:idb:wpaper:4088
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    References listed on IDEAS

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    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade

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