Foreign Capital and the Informal Sector: Comments on Chandra and Khan

Manash Ranjan Gupta

55 citations0/0 files storedEconomica

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Global trade and economics Global Financial Crisis and Policies Economic Theory and Policy

Abstract

The first model of Chandra and Khan (1993) has been extended in the following directions: (1) migration equilibrium condition has been generalized; (2) capital market distortion has been introduced; (3) land as an agricultural input has been considered. It appears that the Brecher–Alejandro (1977) proposition may lose its validity in some special cases.

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References

1970Migration unemployment and development: a two-sector analysis.1977Tariffs, foreign capital and immiserizing growth 1975Urban Unemployment, Intersectoral Capital Mobility and Development Policy 1982Tariffs, foreign capital and immiserizing growth with urban unemployment and specific factors of production

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