Removal of Protectionism, Foreign Investment and Welfare in a Model of Informal Sector

The paper develops a three-sector general equilibrium model with two informal sectors with complete mobility of labour between these sectors and with a positive relationship between wage income and labour's efficiency to show that the results relating to foreign capital inflow and removal of protectionism may be counterintuitive to the conventional wisdom. The paper is also devoted to explain why some developing countries implement tariff reforms very slowly compared to others, even after formally choosing free trade as their development strategies, in a more general fashion than the existing tariff-jumping theory

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Year of publication:	2002
Authors:	Chaudhuri, Sarbajit ; Mukherjee, Ujjaini
Publisher:	[S.l.] : SSRN
Subject:	Auslandsinvestition \| Foreign investment \| Protektionismus \| Protectionism \| Informelle Wirtschaft \| Informal economy \| Theorie \| Theory \| Effizienzlohn \| Efficiency wages
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Japan and the World Economy, Vol. 14, No. 1, January 2002 Volltext nicht verfügbar
Classification:	F10 - Trade. General ; F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; F21 - International Investment; Long-Term Capital Movements ; O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014121701