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Foreign aid, wage inequality, and welfare for a small open economy with tourism (2010)_香港中文大学

香港中文大学 辅仁网/2017-07-06

Foreign aid, wage inequality, and welfare for a small open economy with tourism
Publication in refereed journal


香港中文大学研究人员 ( 现职)
赵志鉅教授 (经济学系)


全文


引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/5WOS source URL
Scopushttp://aims.cuhk.edu.hk/converis/portal/Publication/4Scopus source URL

其它资讯

摘要While the welfare effect of foreign aid has been extensively analyzed, the impact on the distribution of income has received less attention. At the same time, there has been recent work on tourism where it is complementary to aid in improving welfare. By combining these two strands, this paper concentrates on wage inequality in developing countries. We find that an increase in aid in the form of tied aid can lower the relative price of nontraded goods. The rent extracted from tourists declines, reducing welfare of domestic residents. In addition, the fall in the nontradable price can widen the wage inequality between skilled and unskilled workers. Thus, increased foreign aid may have detrimental effects on national welfare and the distribution of income. Rising wage inequality is confirmed by numerical simulations. ? 2010 Blackwell Publishing Ltd.

着者Chao C.-C., Laffargue J., Sgro P.M.
期刊名称REVIEW OF INTERNATIONAL ECONOMICS
出版年份2010
月份8
日期1
卷号18
期次3
出版社Blackwell Publishing Inc.
出版地United Kingdom
页次http://aims.cuhk.edu.hk/converis/portal/Publication/4http://aims.cuhk.edu.hk/converis/portal/Publication/5http://aims.cuhk.edu.hk/converis/portal/Publication/4 - http://aims.cuhk.edu.hk/converis/portal/Publication/46http://aims.cuhk.edu.hk/converis/portal/Publication/4
国际标準期刊号096http://aims.cuhk.edu.hk/converis/portal/Publication/5-7http://aims.cuhk.edu.hk/converis/portal/Publication/576
语言英式英语


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