التفاصيل البيبلوغرافية
| العنوان: |
WAGE SUBSIDY AND WELFARE IN DEVELOPING COUNTRIES. |
| المؤلفون: |
BELADI, HAMID, KAR, SAIBAL |
| المصدر: |
Economics & Politics; Jul2011, Vol. 23 Issue 2, p239-253, 15p |
| مصطلحات موضوعية: |
EMPLOYMENT subsidies, PUBLIC welfare, ECONOMIC reform, ECONOMIC equilibrium, FREE trade, TARIFF, TRANSITION economies, MATHEMATICAL models, DEVELOPING countries |
| مستخلص: |
This paper seeks to answer if wage subsidy to workers displaced due to trade reform raises welfare in a developing country. We use a general equilibrium model with non-specific factor inputs and trade liberalization as a policy variable. A combination of wage subsidy and tariff rate obtains the second-best welfare level. The theoretical result is new, policy-relevant and important in view of political-economy aspects of free trade in developing and transition countries. [ABSTRACT FROM AUTHOR] |
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| قاعدة البيانات: |
Complementary Index |
