CAPITAL-MARKETS, URBAN UNEMPLOYMENT AND LAND

被引：21

作者：

CHAO, CC

YU, ESH

机构：

[1] CHINESE UNIV HONG KONG, DEPT OPERAT & SYST MANAGEMENT, SHA TIN, HONG KONG

[2] LOUISIANA STATE UNIV, BATON ROUGE, LA 70803 USA

[3] OREGON STATE UNIV, CORVALLIS, OR 97331 USA

来源：

JOURNAL OF DEVELOPMENT ECONOMICS | 1992年 / 38卷 / 02期

关键词：

D O I：

10.1016/0304-3878(92)90008-W

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper shows that the remarkable result by Khan and Naqvi that a reduction in the capital rental differential always improves welfare despite the presence of a rigid urban wage can be obtained only for the 2 x 2 Harris Todaro model. In an extended Harris-Todaro framework incorporating a third specific factor, a decrease in a distortion may not necessarily be welfare improving.

引用

页码：407 / 413

页数：7

共 18 条

[1] URBAN UNEMPLOYMENT AND THE GAINS FROM TRADE [J].