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Value Subtracted, Negative Shadow Prices of Factors in Project Evaluation, and Immiserising Growth: Three Paradoxes in the Presence of Trade Distortions

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  • Bhagwati, Jagdish N
  • Srinivasan, T N
  • Wan, Henry Y, Jr

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  • Bhagwati, Jagdish N & Srinivasan, T N & Wan, Henry Y, Jr, 1978. "Value Subtracted, Negative Shadow Prices of Factors in Project Evaluation, and Immiserising Growth: Three Paradoxes in the Presence of Trade Distortions," Economic Journal, Royal Economic Society, vol. 88(349), pages 121-125, March.
  • Handle: RePEc:ecj:econjl:v:88:y:1978:i:349:p:121-25
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    Cited by:

    1. Andrea Maneschi, 1990. "Income Distribution and Shadow Pricing in Open Economies," The Economic Record, The Economic Society of Australia, vol. 66(1), pages 23-31, March.
    2. Mohamed Saadi, 2011. "Technology Transfer, Foreign Direct Investment, Licensing and the Developing Countries’ Terms of Trade," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 5(4), pages 381-420, November.
    3. Huizhong Li & Ping Huang & Jialun Li, 2007. "China's FDI Net Inflow and Deterioration of Terms of Trade: Paradox and Explanation," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(1), pages 87-95, January.
    4. Robert C. Feenstra & Jagdish N. Bhagwati, 1982. "Tariff Seeking and the Efficient Tariff," NBER Chapters, in: Import Competition and Response, pages 245-262, National Bureau of Economic Research, Inc.
    5. Richard Ball, 1995. "Interest Groups, Influence And Welfare," Economics and Politics, Wiley Blackwell, vol. 7(2), pages 119-146, July.

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