英文摘要 |
At the end of the twentieth century, many economists believe that trade is not the main reason causing income inequality within countries, because several empirical studies have found that the pattern of the rise in inequality does not coincide with the prediction of the Heckscher-Ohlin model. However, many recent studies, especially those based on firm heterogeneity, rediscover the theoretical basis and empirical evidence to support the relationship between the two. Based on the friction in the borrowing market, the difference between the capital endowment and the endogeneity of the demand elasticity, this paper generates the non-monotonic relationship between the inequality and trade liberalization. Based on firm heterogeneity, some studies predict the existence of a monotonic relationship, but others show a non-monotonic feature, although the mechanism is different from this paper. |