This paper develops a multi-sector full-employment general equilibrium model for a typical developing country (DC hereafter) like India with internationally non-traded goods and international fragmentation in skill-intensive production, to explore the general equilibrium impact of such...

This paper develops a multi-sector full-employment general equilibrium model with internationally non-traded goods and international fragmentation in skill-intensive production, to understand the mechanism how trade-induced growth in the skill-intensive sector is mediated to informal sector...

This note shows that in a developing economy, agriculture and Special Economic Zones (SEZ) can grow simultaneously without affecting one another if an appropriate subsidy policy is designed by the government. We consider increasing returns brought about by external economies of scale in the...