{"title":"PROTECTION, FOREIGN CAPITAL AND NATIONAL WELFARE IN THE PRESENCE OF UNEMPLOYMENT","authors":"K. Ogino","doi":"10.11398/ECONOMICS1986.45.32","DOIUrl":null,"url":null,"abstract":"presence of unemployment. Employment of labor is endogenously determined and our analysis establishes a departure from the traditional results with full employment. We show several policy implications. Free trade does not necessarily lead to a welfare gain for the country and the optimal policy intervention is considered. This paper derives the conditions under which a capital inflow will help or harm a country in the cases of tariffs and quotas.","PeriodicalId":271985,"journal":{"name":"The Economic studies quarterly","volume":"56 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1994-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Economic studies quarterly","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.11398/ECONOMICS1986.45.32","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
presence of unemployment. Employment of labor is endogenously determined and our analysis establishes a departure from the traditional results with full employment. We show several policy implications. Free trade does not necessarily lead to a welfare gain for the country and the optimal policy intervention is considered. This paper derives the conditions under which a capital inflow will help or harm a country in the cases of tariffs and quotas.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
