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Guido Porto
Guido Porto is an Associate Professor of Economics at the University of La Plata in Argentina. Before joining the University of La Plata, he was an Economist in the Research Department of the World Bank. He has taught at Universidad and Instituto Di Tella in Argentina, and at the University of Maryland as an Invited Lecturer.
Porto received a B.A. in economics from the University of La Plata in Argentina, a master's in economics from Instituto Di Tella in Argentina, and a Ph.D. in economics from Princeton University. His research focuses on the econometric estimation of the impacts of trade policies in developing countries, including impacts on poverty, household welfare, wages, and the distribution of income as well as on firm behaviour. His latest work investigates how economic agents (households and firms) adjust to trade reform.
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Inequality and trade: Simulation evidence for 54 developing nations
Questions about who benefits from free trade – and at what cost – have resurfaced as part of the backlash against globalisation. This article uses data from 54 low- and middle-income countries to show that in a majority of cases, trade liberalisation increases both incomes and inequality. Most of the trade-offs between them resolve in favour of liberalisation; despite exacerbating income disparities, trade liberalisation creates overall social welfare gains.
