FOREIGN-INVESTMENT IN THE PRESENCE OF AN INFORMAL SECTOR
FOREIGN-INVESTMENT IN THE PRESENCE OF AN INFORMAL SECTOR
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DOI：
10.2307/2554732
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发表时间：
1993-02-01
期刊：
影响因子：
1.4
通讯作者：
KHAN, MA
中科院分区：
文献类型：
--
作者：
CHANDRA, V;KHAN, MA
在城市失业者从事非正式部门活动的分段经济背景下，厄尔·格里诺尔斯最近对传统观念提出了质疑，即持有汇回收益的外国投资必然会使东道国陷入贫困。在本文中，我们扩展了Grinols的分析，并将其置于更广泛的背景下，允许对非正式部门活动有更丰富的概念。我们的主要发现是，一旦对Heckscher-Ohlin-Samuelson因子强度进行适当修改和解释，原始的见解就会令人惊讶地强大。我们的模型也可能对非正式部门的其他工作有独立的兴趣。
In the context of a segmented economy in which the urban unemployed subsist in informal-sector activities, Earl Grinols has recently questioned conventional wisdom whereby foreign investment with repatriated earnings is necessarily immiserizing for the host country. In this paper, we extend Grinols's analysis and place it in a broader context, permitting richer conceptions of informal-sector activities. Our principal finding is that the original insight is surprisingly robust once Heckscher-Ohlin-Samuelson factor intensities are suitably modified and interpreted. Our models may also have independent interest for other work on the informal sector.