Artikel
Foreign capital inflow and its welfare implications in a developing country context
In a small open developing country context, the author considers a three-sector general equilibrium framework and tries to find out the effects of foreign capital inflow on welfare of the country. Comparative-static results show that foreign capital inflow widens the skilled-unskilled wage gap under some reasonable conditions, although it causes an expansion of the foreign enclave and the agricultural sector and contraction of the domestic manufacturing sector. Taking sector specific foreign capital, the authors find that foreign direct investment is beneficial in a free market small open economy in the absence of tariff.
- Sprache
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Englisch
- Erschienen in
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Journal: Economics: The Open-Access, Open-Assessment E-Journal ; ISSN: 1864-6042 ; Volume: 11 ; Year: 2017 ; Issue: 2017-17 ; Pages: 1-16 ; Kiel: Kiel Institute for the World Economy (IfW)
- Klassifikation
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Wirtschaft
General Equilibrium and Disequilibrium: General
Welfare Economics: General
Economic Impacts of Globalization: Economic Development
Macroeconomic Analyses of Economic Development
- Thema
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foreign capital
small open economy
welfare
tariff
economic development
- Ereignis
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Geistige Schöpfung
- (wer)
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Mukherjee, Rudrarup
- Ereignis
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Veröffentlichung
- (wer)
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Kiel Institute for the World Economy (IfW)
- (wo)
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Kiel
- (wann)
-
2017
- DOI
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doi:10.5018/economics-ejournal.ja.2017-17
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:23 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Mukherjee, Rudrarup
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2017
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