Über die Wirkungen von Freihandel - Eine Bestandsaufnahme der ökonomischen Literatur

Client/Funding Institution

Federation of Austrian Industries

Abstract

The discussions about globalisation, and free trade in particular, have gained momentum in recent years. For a comprehensive and rational debate about the mechanisms and effects of free trade, an analysis based on theoretical arguments and empirical facts is needed. The related topics encompass the effects of trade on real income, inequality, employment, macroeconomic outcomes and the way free trade is governed. This contribution summarises the most important theoretical arguments concerning these topics and confronts them with recent empirical research results.

Duration

June 2017 - November 2017

wiiw team Leader

Robert Stehrer

wiiw Staff

Sandra M. Leitner, Roman Stöllinger

Keywords: free trade, real income, inequality, employment, macroeconomic outcomes

Countries covered: The World

Research Areas: Other

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