The Possibility of Welfare Gains with Capital Inflows in a Small Tariff‐Ridden Economy
Bibliographic Data
| ID | 9726587 |
|---|---|
| Authors | Partha Sen (0000-0003-2090-2194, Centre for Development Economics), Arghya Ghosh (0000-0002-6655-5434, University of Minnesota), Abheek Barman (New York Times) |
| Year | 1997 |
| Volume | 64 |
| Issue | 254 |
| Pages | 345-352 |
| Publication date | 1997-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1468-0335.00082 |
| OpenAlex | W1972545721 |
| Language | EN |
| Citations received | 1 |
| References cited | 3 |
Capital inflows with full repatriation give rise to welfare improvement possibilities in a small tariff‐distorted economy when imperfect competition and increasing returns are allowed for in one sector of a two‐sector model. This is in contrast to the Brecher–Alejandro proposition that capital inflows with full repatriation are necessarily immiserizing for a small tariff‐ridden economy. We find that welfare gains chances are greater (a) the higher the expenditure share of the capital‐intensive differentiated good; (b) the lower the substitutability between brands; and (c) the lower the share of tariff revenue in national income
Capital (architecture) · Capital intensity · Competition (biology) · Economics · Exchange rate · Human capital · Imperfect competition · International economics · Market economy · Microeconomics · Monetary economics · Repatriation · Revenue · Small open economy · Tariff · Welfare · Finance · Fiscal Policy and Economic Growth · Global trade and economics · Taxation and Compliance Studies
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,04 |
| Citation span | 2001 - 2001 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |