Urban unemployment, rural labor monopsony, and optimal policies
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

数位物件识别号 (DOI) http://dx.doi.org/10.1016/S0922-1425(99)00014-6

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Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/1WOS source URL

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摘要Using a dual-economy model with urban unemployment and rural labor monopsony, this paper shows that the first-best optimum can be achieved by different rates of wage subsidies, in which the subsidy to rural wage is adjusted upward in accordance with the amount of exploitation by rural producers. It is also shown that the policy of either import substitution or export promotion has merit, depending on whether the distortion of urban unemployment exceeds that of rural labor monopsony or not, The theoretical results obtained in this paper justify the observation of the policies adopted in many countries. (C) 2000 Elsevier Science B.V. All rights reserved.

着者Beladi H, Chao CC
期刊名称Japan and the World Economy
出版年份2000
月份http://aims.cuhk.edu.hk/converis/portal/Publication/1
日期http://aims.cuhk.edu.hk/converis/portal/Publication/1
卷号http://aims.cuhk.edu.hk/converis/portal/Publication/12
期次http://aims.cuhk.edu.hk/converis/portal/Publication/1
出版社ELSEVIER SCIENCE BV
页次http://aims.cuhk.edu.hk/converis/portal/Publication/1 - 9
国际标準期刊号0922-http://aims.cuhk.edu.hk/converis/portal/Publication/1425
语言英式英语

Web of Science 学科类别Business & Economics; Economics; ECONOMICS