A Note on International Trade with a Minimum Wage and an Endogenous Labor Supply Economy
Assuming a separable utility function of two traded goods and leisure, R. A. Brecher's minimum-wage economy is generalized. An elastic, but not perfectly elastic, foreign offer curve is assumed. The effects of changes in factor endowments, foreign trade, the wage rate, a consumption tax, and tariff on social welfare and the demand for labor are considered. In particular, the optimal consumption tax and optimal tariff formulae are derived. The ranking of various trade policies is shown to depend on the assumption concerning factor intensity. Copyright 1992 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 33 (1992)
Issue (Month): 1 (February)
|Contact details of provider:|| Postal: 160 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297|
Phone: (215) 898-8487
Fax: (215) 573-2057
Web page: http://www.econ.upenn.edu/ier
More information through EDIRC
|Order Information:|| Web: http://www.blackwellpublishing.com/subs.asp?ref=0020-6598 Email: |
When requesting a correction, please mention this item's handle: RePEc:ier:iecrev:v:33:y:1992:i:1:p:239-44. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or ()
If references are entirely missing, you can add them using this form.