How Distortions Alter the Impacts of International Trade in Developing Countries
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SSRN-id3450256.pdf
Description
Accepted version
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594.07 KB
Format
Adobe PDF
Checksum (MD5)
54b45dd3c9eb6ef8ede246c30618a88b
Author(s)
Atkin, David G
Date Issued
May 2020
Journal
The Annual Review of Economics
Publisher
Annual Reviews
Citation
Atkin, David and Amit Khandelwal. “How Distortions Alter the Impacts of International Trade in Developing Countries.” The Annual Review of Economics, 12, 1 (May 2020): 213-238 © 2020 The Author(s)
Version
Author's final manuscript
Abstract
Substantial research in development economics has highlighted the presence of weak institutions, market failures, and distortions in developing countries. Yet much of the knowledge generated in international trade comes from workhorse models that abstract from these frictions. This review summarizes the recent literature that assesses how these characteristics interact (or may interact) with trade reforms, resulting in different impacts in developing countries relative to what we would expect in developed countries. We discuss understudied areas that warrant further research.
MIT Department
Massachusetts Institute of Technology. Department of Economics
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Creative Commons Attribution-Noncommercial-Share Alike
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DOI of Published Version
https://doi.org/10.1146/ANNUREV-ECONOMICS-081919-041554