Immiserizing Foreign Aid: The Role of Tariffs and Nontraded Goods
International trade theory has pointed out that factor accumulation could immiserize a country if it is sufficiently biased toward the export sector, or if it is biased toward an importcompeting sector in the presence of tariff protection. This paper analyzes the impact of aid, in the form of an inc...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/129 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | International trade theory has pointed out that factor accumulation could immiserize a country if it is sufficiently biased toward the export sector, or if it is biased toward an importcompeting sector in the presence of tariff protection. This paper analyzes the impact of aid, in the form of an increase in the capital stock used only in the nontraded sector, on real income. Yano and Nugent (1999) discussed this issue, but their analysis turned out to be incorrect. This paper demonstrates that whether aid in the form of an increase in capital specific to the nontraded sector reduces welfare depends on how aid affects the price of the nontraded good and on whether imports and the nontraded good are substitutes or complements in demand |
Beschreibung: | 1 Online-Ressource (17 p) |
ISBN: | 1451863896 9781451863895 |
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spelling | Tokarick, Stephen Verfasser aut Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods Tokarick, Stephen Washington, D.C International Monetary Fund 2006 1 Online-Ressource (17 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/129 International trade theory has pointed out that factor accumulation could immiserize a country if it is sufficiently biased toward the export sector, or if it is biased toward an importcompeting sector in the presence of tariff protection. This paper analyzes the impact of aid, in the form of an increase in the capital stock used only in the nontraded sector, on real income. Yano and Nugent (1999) discussed this issue, but their analysis turned out to be incorrect. This paper demonstrates that whether aid in the form of an increase in capital specific to the nontraded sector reduces welfare depends on how aid affects the price of the nontraded good and on whether imports and the nontraded good are substitutes or complements in demand Online-Ausg http://elibrary.imf.org/view/IMF001/03434-9781451863895/03434-9781451863895/03434-9781451863895.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Tokarick, Stephen Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods |
title | Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods |
title_auth | Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods |
title_exact_search | Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods |
title_exact_search_txtP | Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods |
title_full | Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods Tokarick, Stephen |
title_fullStr | Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods Tokarick, Stephen |
title_full_unstemmed | Immiserizing Foreign Aid The Role of Tariffs and Nontraded Goods Tokarick, Stephen |
title_short | Immiserizing Foreign Aid |
title_sort | immiserizing foreign aid the role of tariffs and nontraded goods |
title_sub | The Role of Tariffs and Nontraded Goods |
url | http://elibrary.imf.org/view/IMF001/03434-9781451863895/03434-9781451863895/03434-9781451863895.xml |
work_keys_str_mv | AT tokarickstephen immiserizingforeignaidtheroleoftariffsandnontradedgoods |