"Complete alternative" trade theory is challenged
June 13, 2022 09:28 Source: "China Social Sciences" June 13, 2022 Issue 2425 Author: Li Ling/Compilation

Comprehensive foreign media reports according to the official website of the Massachusetts Institute of Technology in the United States June 7,Professor Dave Donaldson, a professor at the Department of Economics of the School、new research on "Import、Exit and income inequality: Discovery,International trade has exacerbated Ecuador's income inequality。

This research focuses on the personal income level of Ecuador and the connection between the national economic development and international trade。The results show,Wealthy people make more profits from international trade bet365 best casino games than middle -income class。It can be said,This is a kind of labor and capital configuration structure effect of high -income groups。In addition,Middle income class and low -income people have similar profits from trade。

Ecuador's trade structure caused the above phenomenon。The country's main export goods and raw materials,This is more favorable for the medium and below income class,and import activities are usually more favorable for groups that are already richer。To further understand the impact of international trade on Ecuador,Researchers carefully analyzed trade -related economic activities。Data display,2009,Petroleum exports accounted for the largest proportion of the total exports of Ecuador (54%),Film (11%)Bet365 lotto review 、seafood (10%) and flowers (4%)。Ecuador's imported products are mainly made of finished products,Including machinery (21%)、Chemicals (14%)、Car (13%)。

This "export junior product、Imported Production Products "Import and Export Structure determines the relationship between trade and Ecuador's income from income。High education level of employees、Enterprises with higher wages benefit more from trade,Because these companies can buy finished products and develop and grow at a lower price。Cosorino said,"Now,Ecuador's richest people are mostly employed by companies that are directly imported from abroad or purchased a large number of products from other domestic companies。These companies have reduced costs in this way,The Bet365 lotto review value of the employees provided by the company's employees,The gap between income expands "。

This study discovered,To a certain extent, it does not match the expectations of the established trade theory。For example,Some early theory expectations,Open trade door helps Ecuador's large low -skilled workers employment。Compared with developed countries,Ecuador lacks technical workers,So,Ecuador's participation in international trade will bring more benefits to low -skilled workers。But,From this study,It's not the case for facts。In addition,Some trade theories involve the concept of "complete alternative": when the mutual replacement of similar products produced by different countries through trade circulation,Bet365 app download The salary level of these countries will tend to be consistent,The reason is that since the same product is produced in the same way,The remuneration paid for the workers should also be the same。but,This study indicates,Insufficient interpretation of the theory of "Complete Alternative" theory。Donner and others said,Although the trade model may gradually change,Dan Ecuador's data from 2009-2015 is very stable,It reflects that people do not change jobs often、Income distribution has not changed significantly。

(Li Ling/Compilation)

Editor in charge: Cui Cen
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