Import exposure and welfare effects from the expenditure channel: The case of Mexico
| العنوان: | Import exposure and welfare effects from the expenditure channel: The case of Mexico |
|---|---|
| المؤلفون: | Juan S. Blyde |
| المصدر: | The World Economy. 44:2998-3024 |
| بيانات النشر: | Wiley, 2020. |
| سنة النشر: | 2020 |
| مصطلحات موضوعية: | Economics and Econometrics, media_common.quotation_subject, Product (business), Competition (economics), Shock (economics), Economic inequality, Accounting, Microdata (HTML), Political Science and International Relations, Per capita, Economics, Consumer price index, Demographic economics, Welfare, Finance, media_common |
| الوصف: | A rise in import competition can put downward pressure on local prices increasing consumer's welfare, but these gains might be unequal across households depending on the basket of goods consumed. Using a consumer price index that varies at the product and city level from Mexico, this paper analyses the impact of import competition from low‐wage countries, and particularly China, on price growth between 2002 and 2017. I find that the trade shock impacted prices. Had import competition remained unchanged, the 15‐year change in the consumer price index would have been seven percentage points higher, on average across all goods, with a much larger impact on the products highly exposed to the import competition. Second, using microdata from a household expenditure survey I find that all the households benefited from this access to cheaper goods, but the low‐income households benefited more. Finally, I show that the China shock only had a small effect on the evolution of the per capita expenditure inequality observed during this period. |
| تدمد: | 1467-9701 0378-5920 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::d1b28e4f25975364aad1bb56656a9020 https://doi.org/10.1111/twec.13039 |
| حقوق: | CLOSED |
| رقم الأكسشن: | edsair.doi...........d1b28e4f25975364aad1bb56656a9020 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 14679701 03785920 |
|---|