The Possibility of Welfare Gains with Capital Inflows in a Small Tariff-Ridden Economy
AbstractCapital inflows with full repatriation give rise to welfare improvement possibilities in a small tariff-distorted economy when imperfect competition and increasing returns are allowed for in one sector of a two-sector model. This is in contrast to the Brecher-Diaz-Alejandro (1977) proposition that capital inflows with full repatriation are necessarily immiserizing for a small tariff-ridden economy. The authors find that welfare gains changes are greater the higher the expenditure share of the capital-intensive differentiated good, the lower the substitutability between brands, and the lower the share of tariff revenue in national income. Copyright 1997 by The London School of Economics and Political Science
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by London School of Economics and Political Science in its journal Economica.
Volume (Year): 64 (1997)
Issue (Month): 254 (May)
Contact details of provider:
Postal: Houghton Street, London WC2A 2AE
Phone: +44 (020) 7405 7686
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0013-0427
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Partha Sen & Arghya Ghosh, 2010.
"Privatization In A Small Open Economy With Imperfect Competition,"
195, Centre for Development Economics, Delhi School of Economics.
- Arghya Ghosh & Partha Sen, 2012. "Privatization in a Small Open Economy with Imperfect Competition," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 14(3), pages 441-471, 06.
- Arghya Ghosh & Partha Sen, 2008. "Privatization in a Small Open Economy with Imperfect Competition," Discussion Papers 2008-21, School of Economics, The University of New South Wales.
- Pi, Jiancai & Zhou, Yu & Yin, Jun, 2013. "International factor mobility, monopolistic competition, and wage inequality," Economic Modelling, Elsevier, vol. 33(C), pages 326-332.
- Chakraborty, Brati Sankar, 2001. "Welfare consequence of capital inflow for a small tariff-protected economy," Journal of Development Economics, Elsevier, vol. 66(1), pages 305-316, October.
- M. Ali Khan, 2007.
"The Harris-Todaro Hypothesis,"
Labor Economics Working Papers
22206, East Asian Bureau of Economic Research.
- Khan, M. Ali Khan, 2007. "The Harris-Todaro Hypothesis," MPRA Paper 2201, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.