International Trade and Income Inequality: The Case of Latin American Countries

• Type: Article in International Scientific Journal
• Date: 2024-04-18

Authors

Isabel Mota (Author) FEP; Tomas Rosenfeld (Author) FEP; Edgar Filipe Silva Pereira (Author) FEP

Journal

Title: International Trade Journal

Vol. 38 No. 5

Pages: 469-489

ISSN: 0885-3908

Publisher: Taylor & Francis

Indexing

ISI Web of Knowledge - 1 Citation

Scopus - 1 Citation

Other information

Authenticus ID: P-010-B38

DOI: 10.1080/08853908.2024.2341624

Abstract (EN): The literature suggests that international trade may have different results over income inequality according to a country's trade and economic structure. The main goal of this article is to analyze the impact of international trade on income inequality in Latin American countries between 1997 and 2020. Our results suggest that international trade variables, such as trade openness and economic complexity, are highly significant and have impacted the income distribution. The results show that following the process of trade openness, the simplification of the economy led to a reduction in income inequality in the region.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 21