Trade among Similar Countries and the Personal Distribution of Income and Wealth

Das, Satya

Abstract

Trade among Similar Countries and the Personal Distribution of Income and Wealth

Satya P. Das

Indian Statistical Institute, Economic Research Unit

Economica, Vol. 67, No. 266, May 2000

Abstract:
The link between trade among similar countries and personal distribution of income and wealth is explored, with heterogeneous savings rates among households (dynasties) being the source of inequality. The real effect of trade occurs through greater oligopolistic competition and scale economies. The distribution of capital, and hence income distribution, are affected via changes in factor rewards and the price of capital as a tradeable asset.

Accepted Paper Series

Date posted: April 20, 2001

Suggested Citation

Das, Satya P., Trade among Similar Countries and the Personal Distribution of Income and Wealth. Economica, Vol. 67, No. 266, May 2000. Available at SSRN: http://ssrn.com/abstract=238807

Contact Information

Satya P. Das (Contact Author)

Indian Statistical Institute, Economic Research Unit ( email )

203 B. T. Road
Calcutta, 700 035
India