Search Results - subject:"Elasticity of factor substitution"

Integration, Informalization, and Income Inequality in Developing Countries: Some General Equilibrium Explorations in Light of Accumulating Evidence

Razmi, Arslan - 2007

By focusing on structural features within developing economies, this paper attempts to reconcile developments observed in many post-liberalization countries with the help of modified versions of standard trade theory factor endowment models. The common thread generating most of our interesting...

Persistent link: https://www.econbiz.de/10009468020

Integration, informalization, and income inequality in developing countries: Some general equilibrium explorations in light of accumulating evidence

Razmi, Arslan - 2007

Persistent link: https://www.econbiz.de/10010287806

Integration, Informalization, and Income Gaps in Developing Countries: Some General Equilibrium Explorations in Light of Accumulating Evidence

Razmi, Arslan - Department of Economics, University of Massachusetts-Amherst - 2007

, Heckscher-Ohlin model, informaliza- tion, international production networks, elasticity of factor substitution, nominal wage … endowments ‚ij Fraction of factor i employed in sector j ij Share of factor i in sector j j Elasticity of factor substitution … elasticity of factor substitution negligibly low in the formal sector yields the following simple condition for the formal sector …

Persistent link: https://www.econbiz.de/10005342595

Aspects of Informalization and Income Distribution in Developing Countries: A Modified Specific Factors Approach

Razmi, Arslan - 2006

This paper explores aspects of increased informalization in developing countries with the help of a modified specific factors model with a fixed nominal wage in the formal sector, which is assumed to have a “lighthouse” effect on the informal sector wage. Both sectors produce a tradable good...

Persistent link: https://www.econbiz.de/10009468108

Aspects of informalization and income distribution in developing countries: A modified specific factors approach

Razmi, Arslan - 2006

This paper explores aspects of increased informalization in developing countries with the help of a modified specific factors model with a fixed nominal wage in the formal sector, which is assumed to have a lighthouse effect on the informal sector wage. Both sectors produce a tradable good each,...

Persistent link: https://www.econbiz.de/10010287865

Aspects of Informalization and Income Distribution in Developing Countries: A Modified Specific Factors Approach

Razmi, Arslan - Department of Economics, University of Massachusetts-Amherst - 2006

model, Ricardo-Viner model, informalization, international pro- duction networks, elasticity of factor substitution, wage … > 0 is the output share of factor j (j 6= L) in sector i, ij ‚ 0 is the elasticity of factor substitution between labor … share of each factor in the informal sector, and the elasticity of factor substitution in the informal sector. 18This …

Persistent link: https://www.econbiz.de/10005533162

Can the HOSS framework help shed light on the simultaneous growth of inequality and informalization in developing countries?

Razmi, Arslan - In: Review of World Economics (Weltwirtschaftliches Archiv) 145 (2009) 2, pp. 361-372

Persistent link: https://www.econbiz.de/10005061384

Estimating productivity and returns to scale in the US textile industry

Ramcharran, Harri - In: Empirical Economics 26 (2001) 3, pp. 515-524

. This performance does not warrant protectionist policies. However, with an elasticity of factor substitution less than one …

Persistent link: https://www.econbiz.de/10005382324