This paper re-examines the effects of expansion of land itself on unemployment and welfare in the mobile-capital Harris-Todaro model with land in agriculture. We show the possibility of immiserization and the harmful effects on employment contrary to the conventional results. Copyright 2003...

The paper has made an attempt to analyse the effects of liberalized trade and investment policies on welfare and open unemployment in a developing economy in terms of a three sector Harris-Todaro type general equilibrium model. Following empirical evidence it is assumed that there is wage...