Journal of Asian Economics ( IF 2.681 ) Pub Date : 2021-07-06 , DOI: 10.1016/j.asieco.2021.101349 Eden S.H. Yu , Chi-Chur Chao
By considering the term-of-trade and volume-of-trade effects, Jones (2012) examines the distributive effect in a competitive economy with non-traded goods. This paper reexamines the effect in an imperfectively competitive economy with firm dynamics. A rise in foreign demand can generate revenue and also mitigate market distortion, whereas skilled-unskilled wage inequality can be magnified or mitigated via the effect on firm entry or exit. Thus, how to achieve the trade-off among growth, inequality and the environment becomes an important task for government decision-makers, especially so during the pandemic of Covid-19.
中文翻译:
服务经济中的非贸易商品、企业动态和工资
通过考虑贸易条件和贸易量效应,琼斯 (2012) 研究了具有非贸易商品的竞争经济中的分配效应。本文重新审视了在具有企业动态的不完全竞争经济中的影响。外国需求的增加可以产生收入并减轻市场扭曲,而技术和非技术人员的工资不平等可以通过对企业进入或退出的影响放大或减轻。因此,如何实现增长、不平等和环境之间的权衡成为政府决策者的重要任务,尤其是在 Covid-19 大流行期间。