Immiserising growth and mobility of capital with and without land in Harris-Todaro model. (1st January 2013)

• Record Type: Journal Article
• Authors: Inoue, Tadashi
• Is Part Of: Global business & economics review. Volume 15:Number 1(2013)
• Page Start: 110
• Page End: 127
• Publication Date: 2013-01-01
• Subjects: immiserising growth -- Harris-Todaro model -- mobility of capital -- tariff ridden imports -- foreign capital inflow -- urban informal sector -- urban formal sector -- rural sector; Economics -- Periodicals; International economic relations -- Periodicals; 330.5
• Languages: English
• ISSNs: 1097-4954

Abstract

Under various frameworks of Harris-Todaro two sector models, the effects of the change in capital, population and land on outputs, employment of labour, employment ratio of urban sector and welfare are examined. The possibility of immiserising growth is seen to give rise with tariff ridden imports and foreign capital inflow with or without full interest payment repatriation for both sector specific capital and mobile capital irrespective of the existence of land in production function.