Urban unemployment, international capital mobility and development policy
Urban unemployment, international capital mobility and development policy
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城市失业、国际资本流动和发展政策
DOI:
10.1016/0304-3878(93)90065-u
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发表时间:
1993
影响因子:
5
通讯作者:
S. Yabuuchi
中科院分区:
文献类型:
--
作者:
S. Yabuuchi
We introduce international capital mobility into the Harris-Todaro model and examine the effectiveness of some policy tools. The main message is such that a wage subsidy in manufacturing and a tariff are no longer effective to improve welfare, while a wage subsidy in agriculture remains valid under the assumption of international capital mobility. This is in sharp contrast to the result obtained for the original Harris-Todaro model.