FOREIGN CAPITAL ACCUMULATION AND NATIONAL INCOME: DOES UNEMPLOYMENT MATTER?
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概要
- 論文の詳細を見る
We consider a situation where growth in the stock of foreign capital employed in the export-sector leads to immiserization in a small economy with urban unemployment and a protected import-competing sector. Contrary to the usual presumption, the qualitative result is independent of the existence of unemployment. Using the Harris-Todaro structure we show that in spite of unemployment, welfare changes depend only on the extent of trade-distortion.
- 慶應義塾大学の論文
著者
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Beladi Hamid
University Of Dayton
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Marjit Sugata
Center For Studies In Social Sciences
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FRASCA Ralph
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