2017年12月1日
Globalization and inequality in a dynamic economy: an axiomatic analysis of unequal exchange
Social Choice and Welfare
- ,
- 巻
- 49
- 号
- 3-4
- 開始ページ
- 445
- 終了ページ
- 468
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1007/s00355-017-1062-8
- 出版者・発行元
- Springer New York LLC
An axiomatic analysis of the concept of unequal exchange (UE) between countries is developed in a dynamic general equilibrium model that generalises John Roemer’s (Central Planning and the Soviet Economy, MIT Press, Cambridge, 1983) economy with a global capital market. The class of UE definitions that satisfy three fundamental properties—including a correspondence between wealth, class and UE exploitation status—is completely characterised. It is shown that this class is nonempty and a definition of UE exploitation between countries is proposed, which is theoretically robust and firmly anchored to empirically observable data. The full class and UE exploitation structure of the international economy is derived in equilibrium.
- リンク情報
- ID情報
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- DOI : 10.1007/s00355-017-1062-8
- ISSN : 0176-1714
- eISSN : 1432-217X
- SCOPUS ID : 85020312153