Urban Unemployment, Factor Accumulation, and Welfare
AbstractThis paper shows that, contrary to the conventional wisdom, economic expansion (factor accumulation) may be immiserizing in the mobile capital Harris-Todaro model if scarcity of land is introduced in agricultural production. The effect of factor accumulation on the level of unemployment is examined, and precise conditions for the expected response are derived. Copyright 1998 by Blackwell Publishing Ltd
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of Development Economics.
Volume (Year): 2 (1998)
Issue (Month): 1 (February)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669
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- Sarbajit Chaudhuri, 2005.
"Foreign Capital, Welfare And Urban Unemployment In The Presence Of Agricultural Dualism,"
- Chaudhuri, Sarbajit, 2007. "Foreign capital, welfare and urban unemployment in the presence of agricultural dualism," Japan and the World Economy, Elsevier, vol. 19(2), pages 149-165, March.
- Stefan Csordas, 2013. "The general equilibrium effects of energy efficiency gains in developing countries with urban unemployment," Economics Bulletin, AccessEcon, vol. 33(3), pages 1969-1977.
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