|
|
|
|
Title: |
Urban Unemployment, Foreign Capital, and
Policy Intervention |
| Author: |
Michael,
Michael S.; Miller, Stephen M. |
| Author
Affiliation: |
U CT |
| Source: |
International Economic Journal, Autumn 1994, v. 8, no. 3, pp. 19-31 |
|
Publication Date: |
Autumn 1994 |
|
Abstract: |
We re-examine the effect of various policy
interventions in a developing economy with urban unemployment of the
Harris-Todaro type. Our innovations include the introduction of
international capital mobility, and the explicit consideration of
capital taxes (subsidies). Our findings are compared and contrasted with
the Harris-Todaro models with and without intersectoral capital
mobility. The introduction of international capital mobility returns the
analysis toward the original sector-specific capital Harris-Todaro
model, since in both models the manufacturing sector forms a totally
independent sub-economy. |
|
