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Foreign Capital, Unemployment and National Welfare
Oleh:
Beladi, Hamid
;
Marjit, Sugata
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 4 no. 4 (1992)
,
page 311-318.
Topik:
FOREIGN CAPITAL
;
foreign capital
;
unemployment
;
national welfare
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.2
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
We consider a situation where foreign capital is allowed to flow only into the export - processing zone of an economy characterized by unemployment and pursuing protectionary policy. We derive conditions under which growth induced by an increase in the flow of foreign capital will be immiserizing. The results are derived when foreign capital does not directly flow into the protected sector but alters the composition of outputs in the other traded sectors through inter - sectoral reallocation of other resources.
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