Please use this identifier to cite or link to this item:
Title: Protection, involuntary self-employment and welfare
Authors: Beladi, H
Marjit, S
Xu, X 
Issue Date: 2011
Source: Japanese economic review, 2011, v. 62, no. 2, p. 184-195
Abstract: A small open economy operates with a unionized import-competing sector and an informal "self-employed" sector. Productivity varies across people in the informal sector. The full-employment structure accommodates "underemployment or involuntary self-employment" in the flexible-wage informal sector. Protection increases the cost of capital and may increase the set of people who are involuntarily employed in the informal sector. Even if one ignores the consumption distortion effect of a tariff, the tariff may fail to be second-best because it may raise underemployment. Our results on tariff-reform are consistent with some recent empirical evidence.
Publisher: Wiley-Blackwell
Journal: Japanese economic review 
ISSN: 1352-4739
EISSN: 1468-5876
DOI: 10.1111/j.1468-5876.2010.00514.x
Appears in Collections:Journal/Magazine Article

View full-text via PolyU eLinks SFX Query
Show full item record

Page view(s)

Last Week
Last month
Citations as of Nov 18, 2020

Google ScholarTM



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.