[International Factor Movement and the National Advantage]
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Bibliographic Data
| ID | 9727416 |
|---|---|
| Authors | V K Ramaswami (corresponding author) |
| Year | 1970 |
| Volume | 37 |
| Issue | 145 |
| Pages | 85 |
| Publication date | 1970-02-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2552005 |
| OpenAlex | W2021306528 |
| Language | EN |
| Citations received | 9 |
Suppose that a capital-rich country, Mancunia, and a capital-poor country, Agraria, each use capital (K) and labour (L) to make the same good, the common production function / = F (K, L) exhibiting constant returns to scale and diminishing returns to varying factor proportions. Initially there is no factor movement because of Mancunian prohibitions. Mancunia now wishes to secure the factor movement which maximizes its per capita income, and is sure that Agraria will not retaliate. The policy measure considered in the literature2 is the optimal restriction of investment in Agraria, the implicit assumption being made that labour is immobile. Using subscripts m and a to denote countries, foreign investment I is optimal when
Capital (architecture) · Cartography · Economics · Factors of production · Foreign direct investment · Free movement · Function (biology) · Geography · Human capital · International economics · Investment (military) · Macroeconomics · Market economy · Movement (music) · Per capita · Per capita income · Physical capital · Political science · Production (economics) · Production function · Returns to scale · Scale (ratio) · Economic Growth and Productivity · Economic Theory and Policy · Global trade and economics
The economic effects of illegal migration under the minimum wage policy of a source country
The choice of factor mobility in a dynamic world
The welfare effects of labour force growth with internationally mobile capital
The Ramaswami proposition and the choice among labor, capital and technology flows
Illegal aliens, unemployment and immigration policy
Tariffs, quotas and domestic-content protection
International Factor Movements and the Ramaswami Argument
International Migration and Income Distribution in the Philippines
South-North Migration and Trade
| Unique citing works | 9 |
|---|---|
| Citations per year | 0,22 |
| Citation span | 1985 - 2007 (23) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |