...
首页> 外文期刊>Review of international economics >Product Market Imperfection and the Two-sector Harris-Todaro Economy
【24h】

Product Market Imperfection and the Two-sector Harris-Todaro Economy

机译:产品市场不完善与两部门哈里斯-托达罗经济

获取原文
获取原文并翻译 | 示例
           

摘要

This paper examines the ramifications of market imperfection for a dual economy in the context of the two-sector Harris-Todaro model with the agricultural (manufacturing) sector under perfect competition (monopoly). Based on a utility function of constant elasticity of substitution variety, it demonstrates (i) existence of a unique equilibrium at which the consumer price ratio and the producer price ratio are synchronized; (ii) several fundamental properties of the model (crucial to extended research on this subject area); (iii) contrary to an earlier result obtained under an oligopolistic manufacturing sector, trade liberalization for a small economy may be immiserizing.
机译:本文研究了在具有完全竞争(垄断)的农业(制造业)部门的两部门哈里斯-托达罗模型的背景下,二元经济的市场不完善的后果。基于替代品种恒定弹性的效用函数,它证明了:(i)唯一的均衡存在,消费者价格比率和生产者价格比率同步; (ii)该模型的几个基本特性(对于对该主题领域的扩展研究至关重要); (iii)与寡头制造业部门早先取得的结果相反,小经济体的贸易自由化可能是不容置疑的。

著录项

  • 来源
    《Review of international economics》 |2012年第2期|p.256-270|共15页
  • 作者

    Jai-Young Choi; Eden S. H. Yu;

  • 作者单位

    Department of Economics and Finance, Lamar University, P.O. Boxl0045, Beaumont, TX 77710,USA.;

    Department of Economics and Finance, City University of Hong Kong, Kowloon, Hong Kong and Zhejiang University, Hangzhou,China.;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号