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"This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasizing the significance of economic development within policymaking, the book covers important issues like provisioning of public goods, its implication in a liberalized...
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The paper examines the welfare consequences of an inflow of foreign capital and an emigration of skilled labour in a small open economy in terms of a four sector general equilibrium model in the presence of endogenous skill formation and imperfection in the market for unskilled labour. It finds...
Persistent link: https://www.econbiz.de/10012723466
The present note develops a three sector general equilibrium structure with diverse trade pattern and imperfection in the unskilled labour market to analyze the consequences of international mobility of skilled and unskilled labour on the skilled-unskilled wage inequality in the developing...
Persistent link: https://www.econbiz.de/10014061672
The paper shows that in a reasonable production structure for a developing economy a brain drain of skilled labour may raise the welfare of the economy while an emigration of unskilled labour is welfare reducing. Also an emigration of skilled / unskilled labour lowers the urban unemployment of...
Persistent link: https://www.econbiz.de/10014116768
The present paper makes an attempt to examine theoretically the impact of emigration of skilled labour from developing countries on the level of welfare of the non-migrants and the level of urban unemployment of unskilled labour in a three sector Harris-Todaro model. The analysis suggests that...
Persistent link: https://www.econbiz.de/10014120073
The paper shows that in a reasonable production structure for a developing economy a brain drain of skilled labour may raise the welfare of the economy while an emigration of unskilled labour is welfare reducing. Also an emigration of skilled/unskilled labour lowers the urban unemployment of...
Persistent link: https://www.econbiz.de/10014066055