URBAN UNEMPLOYMENT, ECONOMIES OF SCALE AND THE THEORY OF CUSTOMS UNIONS

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概要

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• The purpose of this paper is to re-examine the welfare implications of customs unions in a mobile capital version of the H-T model in the presence of variable returns to scale. In this context, among other things, we show that trade creation II is welfare-improving if the manufacturing sector is characterized by decreasing or constant returns to scale. However, the welfare effect of trade creation I is ambiguous if the urban sector is characterized by increasing returns to scale.

• 慶應義塾大学の論文

著者

• Beladi Hamid

  University Of Dayton

関連論文

• FOREIGN CAPITAL ACCUMULATION AND NATIONAL INCOME: DOES UNEMPLOYMENT MATTER?
• COMPLEMENTARITY BETWEEN TRADE AND FACTOR MOVEMENT: REVISITING MUNDELL-MARKUSEN PROPOSITIONS
• FACTOR UNDERUTILIZATION AND THE THEORY OF INTERNATIONAL TRADE
• URBAN UNEMPLOYMENT, ECONOMIES OF SCALE AND THE THEORY OF CUSTOMS UNIONS

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