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Income Inequality and Trade: How to Think, What to Conclude

Richardson, J. David·1995·Journal of Economic Perspectives

Abstract

Recent econometric work and growing analytical consensus suggest that exogenous international market pressures are a contributing factor to trends in U.S. wage/earnings inequality. Trade accounts for a share of these inequality trends close to or somewhat greater than its 10-15 percent share of economic activity, especially over medium-term horizons and dependent on precise definition. Trade is neither a trivial influence nor a dominant one. Evidence exists that its influence has declined slightly in the past decade, however. Rapid technological growth in exportable sectors seems more important.

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Metadata

Authors
Richardson, J. D.
Venue
Journal of Economic Perspectives
Published
1995-08-01
Volume
9
Issue
3
Pages
33-55
ISSN
0895-3309 (ISSN-L)
OpenAlex
W2120089261
Cited by
383
References
1
FWCI
49.44
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Income Inequality and Trade: How to Think, What to Conclude. https://app.cochat.ai/papers/10.1257/jep.9.3.33
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Richardson, J. D. (1995). Income Inequality and Trade: How to Think, What to Conclude. Journal of Economic Perspectives. https://doi.org/10.1257/jep.9.3.33

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