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An increased foreign capital inflow into a protected sector is generally immiserizing. We show that if the protected sector produces an intermediate input, positive welfare effects may emerge. A striking result is that it might lead to an increased import-demand for the intermediate input which...
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We propose a model of "trade" between high income and low-income groups where the rich being scared of the spread of … activities and are being substituted by more immune workers. Thus, the spread and fatality will reduce with such a trade. The … greater is the inequality, the more would be demand for labor for such work resulting in greater volume of such trade between …
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competing nation abandons free trade and also engages in unilateral outsourcing policies. Finally, we extend the basic model to …
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competing nation abandons free trade and also engages in unilateral outsourcing policies. Finally, we extend the basic model to …
Persistent link: https://www.econbiz.de/10013131419
competing nation abandons free trade and also engages in unilateral outsourcing policies. Finally, we extend the basic model to …
Persistent link: https://www.econbiz.de/10013137486
competing nation abandons free trade and also engages in unilateral outsourcing policies. Finally, we extend the basic model to …
Persistent link: https://www.econbiz.de/10009124754