Sector Specific Minimum Wages and the Theory of Customs Unions.

The purpose of this paper is to examine the welfare implications of traditional customs unions in a Harris-Todaro type of economy. In this context, the authors show, among other things, that, in the Harris-Todaro type of economy, the welfare implications of trade diversion I is ambiguous, while trade creation I and trade creation II are welfare improving. Copyright 1990 by Scottish Economic Society.

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Year of publication:	1990
Authors:	Beladi, Hamid ; Samanta, Subarna
Published in:	Scottish Journal of Political Economy. - Scottish Economic Society - SES. - Vol. 37.1990, 2, p. 184-92
Publisher:	Scottish Economic Society - SES

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005202773