Barry Eichengreen, The European Economy Since 1945: Coordinated Capitalism and Beyond, Princeton University Press (2007).
- 作者：Kevin H. O'Rourke
- 关键词：Patterns of trade ; Income distribution ; Welfare ; Political economy
- 刊名：Journal of International Economics
- 出版年：2007
- 期刊代码：44_00221996
- 类别：eco
- 出版时间：November 2007
- 卷：73
- 期：2
- 页码：438-441
- 文件大小：57 K
摘要
We develop a two-country, two-sector model of trade where the only difference between the two countries is their distribution of human capital endowments. We show that even if the two countries have identical aggregate human capital endowments the pattern of trade depends on the properties of the two human capital distributions. We also show that the two distributions of endowments also completely determine the effects of trade on income inequality. We also look at a simple majority voting model. It turns out autarky and free trade with and without compensation may be the voting outcome.