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Domestic labor, foreign capital and national welfare
Broll, Udo; Hansen, Sabine; Marjit, Sugata - Fakultät Wirtschaftswissenschaften, Technische … - 2004
The competitive allocation of labor across different sectors of an economy may not be socially optimal when one sector uses foreign capital. We argue that a suitably designed government intervention is required to restrict the sectors to their optimal size and maximize national welfare. Such a...
Persistent link: https://www.econbiz.de/10009226241
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Time Zones, Factor Prices and Inflow of Educational Capital: Changing Sectoral Composition
Mandal, Biswajit; Marjit, Sugata; Nakanishi, Noritsugu - Volkswirtschaftliche Fakultät, … - 2013
Time Zone difference induced changes in trade and factor prices are relatively new concerns in trade literature. Here … in this paper we formulate a trade model capturing the issue of Time Zone difference and communication technology …
Persistent link: https://www.econbiz.de/10011112810
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Domestic labor, foreign capital and national welfare
Broll, Udo; Hansen, Sabine; Marjit, Sugata - 2004
The competitive allocation of labor across different sectors of an economy may not be socially optimal when one sector uses foreign capital. We argue that a suitably designed government intervention is required to restrict the sectors to their optimal size and maximize national welfare. Such a...
Persistent link: https://www.econbiz.de/10010296787
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Technology Transfer under Asymmetric Information: The Role of Equity Participation
Marjit, Sugata; Mukherjee, Arijit - In: Journal of Institutional and Theoretical Economics (JITE) 157 (2001) 2, pp. 282-282
Technological collaboration coupled with equity participation improves the quality of transacted technology relative to a situation characterised by a pure technology licensing agreement. Such a result is proved in a model of a signalling game with asymmetric information and threat of imitation....
Persistent link: https://www.econbiz.de/10005764351
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International Joint Venture and the Technology of the Future
Marjit, Sugata; Mukherjee, Arijit; Kabiraj, Tarun - Centre for Economic Research, School of Economics and … - 2001
We consider the possibility of forming a joint venture (JV) between a local firm and a foreign multinational in a situation when there is no current gain from such an arrangement. In the presence of policy uncertainty and threat of entry, a current period formation of JV with the multinational,...
Persistent link: https://www.econbiz.de/10005416671
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Technology Collaboration and Foreign Equity Participation : A Theoretical Analysis
Marjit, Sugata; Mukherjee, Arijit - 2001
Technology transfer to the developing nations has been predominantly characterized by technology collaborations between the multinationals and the local firms of the developing countries. When a multinational offers a new technology to a local firm, both firms may have different perceptions...
Persistent link: https://www.econbiz.de/10014074227
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Minimum wage, trade and unemployment in general equilibrium
Marjit, Sugata; Ganguly, Shrimoyee; Acharyya, Rajat - 2020
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age … and we show that higher minimum wage can raise aggregate employment. Expansion in the non-traded sector following a wage …
Persistent link: https://www.econbiz.de/10012162484
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Finance, Trade, Man and Machines: A New-Ricardian Heckscher-Ohlin-Samuelson Model
Marjit, Sugata; Das, Gouranga Gopal - 2022
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced … credit or financial capital as past savings, finances employment and machines or capital goods used in the process of … trade only nominal factor prices. International financial flows will not alter pattern of trade, but movement of labour and …
Persistent link: https://www.econbiz.de/10013266637
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Role of Finance in Dixit-Stiglitz-Krugman Model of International Trade
Marjit, Sugata; Dutta, Meghna; Roy, Moushakhi - 2022
This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies … output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations … indeterminate pattern of trade. …
Persistent link: https://www.econbiz.de/10013353416
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Wages, labour mobility and international trade
Kar, Saibal; Marjit, Sugata - Volkswirtschaftliche Fakultät, … - 2004
interactions with international trade in goods and services. In addition, we provide a brief model to show that emigration of …
Persistent link: https://www.econbiz.de/10008560474