Foreign capital inflows and welfare in an economy with imperfect competition.

The writers consider the resource allocational and welfare effects of exogenous inflows of foreign capital in a general-equilibrium model with oligopolistic competition and unemployment. In the short run, the welfare impact is ambiguous and depends upon the strength of excess profits and scale econ...

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Publicado en:	Journal of Development Economics Vol. 45; pp. 141 - 155
Autores principales:	Chao, Chi-Chur, Yu, Eden S. H.
Formato:	Artículo
Publicado:	Elsevier Science October 1994
Materias:	Mathematical models of capital investments Mathematical models of economics Welfare economics Monopolistic competition Mathematical models of economic competition Resource allocation > Mathematical models Economic equilibrium
Acceso en línea:	Ver este registro en EBSCOhost