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Author Francois, Joseph F.

Title Equity, welfare, and the setting of trade policy in general equilibrium [electronic resource] / Joseph Francois, Hugo Rojas-Romagosa, Research working paper Collection Title:Policy.

Published [Washington, D.C. : World Bank, 2005]


Location Call No. Status
Series Policy research working paper ; 3731
Policy research working papers ; 3731.
World Bank e-Library.
Notes Title from PDF file as viewed on 9/29/2005.
Bibliography Includes bibliographical references.
Summary "The authors analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. They embed these inequality-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household inequality. This yields predictions regarding the linkages between trade protection, country characteristics, and inequality within a broad general equilibrium framework. In addition, the authors can separate the efficiency and equity effects of tariffs on welfare. They then examine endogenous tariff formation when policymakers care about both equity and special interests. "--World Bank web site.
Other formats Also available in print.
Other author Rojas-Romagosa, Hugo.
World Bank.
Subject Commercial policy.
Equilibrium (Economics)
Income distribution.
Welfare economics.