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Under various frameworks of Harris-Todaro two sector models, the effects of the change in capital, population and land on outputs, employment of labour, employment ratio of urban sector and welfare are examined. The possibility of immiserising growth is seen to give rise with tariff ridden...
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Dynamic patterns of trade imbalance and asset-debt position are analyzed employing a model of two countries, one good, two primary inputs, and identi - cal technologies and preferences with investment adjustment costs. The coun - tries are assumed to have different initial per capita physical...
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Assuming a separable utility function of two traded goods and leisure, R. A. Brecher's minimum-wage economy is generalized. An elastic, but not perfectly elastic, foreign offer curve is assumed. The effects of changes in factor endowments, foreign trade, the wage rate, a consumption tax, and...
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