International Journal of Business and Economics Volume 3, No. 3 December, 2004 |
Immiserizing Growth in a Developing Economy Export Enclave |
Nitesh Saha |
Department of Economics, Utah State University, U.S.A. |
John Gilbert |
Department of Economics, Utah State University, U.S.A. |
Abstract |
Using a general equilibrium model of a protected developing economy, we demonstrate that imperfect labor mobility may eliminate the possibility of immiserizing growth from foreign investment in an export enclave by allowing job creation to countervail losses in tariff revenue. |
Keywords:export enclaves, protection, immiserizing growth. |
JEL Classifications:F11, F13, F21, J60. |
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