Showing 1 - 6 of 6
This paper examines strategic trade policy games where the number of firms in the importing and exporting countries differs and all firms play as Cournot oligopolies. Under the assumption of linear demand and constant marginal cost, we show that, if the number of firms in the exporting country...
Persistent link: https://www.econbiz.de/10005315405
This paper undertakes a comparative static analysis in the Harris-Todaro (H-T) model by accommodating local pollution. Unlike in the classical H-T model where migration proceeds in response to urban-rural differences in expected earnings, we consider labor movement taking place according to the...
Persistent link: https://www.econbiz.de/10008681555
Widespread unemployment has been observed in some developing countries. On the other hand, extensive movement of labor across countries has also been observed. Therefore, in order to examine the interaction between the domestic and international labor markets, this paper develops a model that...
Persistent link: https://www.econbiz.de/10005679091
This paper investigates the effects of forming export processing zones on factor rewards, national income, and the intermediate-good-producing sector under variable returns to scale (VRS). It is shown that the results obtained in the model under constant returns to scale are substantially...
Persistent link: https://www.econbiz.de/10005315412
This paper shows that, contrary to the conventional wisdom, economic expansion (factor accumulation) may be immiserizing in the mobile capital Harris-Todaro model if scarcity of land is introduced in agricultural production. The effect of factor accumulation on the level of unemployment is...
Persistent link: https://www.econbiz.de/10005177718
In this paper, we re-examine the effects of equity control of multinational firms on resource allocation and national welfare in a model with rural-urban migration and urban unemployment. A large number of recipient (host) countries are developing countries with dual economies. We indicate,...
Persistent link: https://www.econbiz.de/10008473151