Market Distortions and Welfare in Developing Countries: A Search for Critical Levels of Reforms
Author
Abstract
Suggested Citation
DOI: 10.1007/s41027-024-00496-3
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 1996. "Delayed formal credit, bribing and the informal credit market in agriculture: A theoretical analysis," Journal of Development Economics, Elsevier, vol. 51(2), pages 433-449, December.
- Somasree Poddar & Sarbajit Chaudhuri, 2016.
"Economic Reforms and Gender-Based Wage Inequality in the Presence of Factor Market Distortions,"
Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 14(2), pages 301-321, December.
- Chaudhuri, Sarbajit & Roychowdhury, Somasree, 2014. "Economic Reforms and Gender-based Wage Inequality in the Presence of Factor Market Distortions," MPRA Paper 54111, University Library of Munich, Germany.
- Khan, M. Ali, 1982. "Tariffs, foreign capital and immiserizing growth with urban unemployment and specific factors of production," Journal of Development Economics, Elsevier, vol. 10(2), pages 245-256, April.
- Manash Ranjan Gupta & Sarbajit Chaudhuri, 1997. "Formal Credit, Corruption and the Informal Credit Market in Agriculture: a Theoretical Analysis," Economica, London School of Economics and Political Science, vol. 64(254), pages 331-343, May.
- Manash Ranjan Gupta, 1997. "Foreign Capital and the Informal Sector: Comments on Chandra and Khan," Economica, London School of Economics and Political Science, vol. 64(254), pages 353-363, May.
- Marjit, Sugata, 2003. "Economic reform and informal wage--a general equilibrium analysis," Journal of Development Economics, Elsevier, vol. 72(1), pages 371-378, October.
- Gilbert, John & Tower, Edward, 2002. "Protectionism, labor mobility, and immiserizing growth in developing economies," Economics Letters, Elsevier, vol. 75(1), pages 135-140, March.
- Sarbajit Chaudhuri, 2016. "Trade Unionism and Welfare Consequences of Trade and Investment Reforms in A Developing Economy," Metroeconomica, Wiley Blackwell, vol. 67(1), pages 152-171, February.
- R. G. Lipsey & Kelvin Lancaster, 1956. "The General Theory of Second Best," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 24(1), pages 11-32.
- Sarbajit Chaudhuri, 2017. "How Could The Credibility Of The Harris–Todaro Model Be Improved?," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 29(3), pages 196-216, November.
- Timberg, Thomas A & Aiyar, C V, 1984. "Informal Credit Markets in India," Economic Development and Cultural Change, University of Chicago Press, vol. 33(1), pages 43-59, October.
- repec:bla:econom:v:58:y:1991:i:229:p:107-21 is not listed on IDEAS
- Sugata Marjit & Hamid Beladi & Avik Chakrabarti, 2004. "Trade and Wage Inequality in Developing Countries," Economic Inquiry, Western Economic Association International, vol. 42(2), pages 295-303, April.
- repec:bla:econom:v:64:y:1997:i:254:p:331-43 is not listed on IDEAS
- Daron Acemoglu, 1998.
"Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(4), pages 1055-1089.
- Acemoglu, D., 1997. "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," Working papers 97-14, Massachusetts Institute of Technology (MIT), Department of Economics.
- Acemoglu, Daron, 1997. "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," CEPR Discussion Papers 1707, C.E.P.R. Discussion Papers.
- Chaudhuri, Sarbajit & Yabuuchi, Shigemi, 2007.
"Economic liberalization and wage inequality in the presence of labour market imperfection,"
International Review of Economics & Finance, Elsevier, vol. 16(4), pages 592-603.
- Sarbajit Chaudhuri & Shigemi Yabuuchi, 2005. "Economic Liberalization And Wage Inequality In The Presence Of Labour Market Imperfection," International Trade 0510008, University Library of Munich, Germany.
- Sarbajit Chaudhuri & Ujjaini Mukhopadhyay, 2014. "Foreign Direct Investment in Developing Countries," Springer Books, Springer, edition 127, number 978-81-322-1898-2, December.
- Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 2014.
"International factor mobility, informal interest rate and capital market imperfection: A general equilibrium analysis,"
Economic Modelling, Elsevier, vol. 37(C), pages 184-192.
- Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 2011. "International factor mobility, informal interest rate and capital market imperfection: a general equilibrium analysis," MPRA Paper 32682, University Library of Munich, Germany.
- Chaudhuri, Sarbajit & Banerjee, Dibyendu, 2010.
"FDI in agricultural land, welfare and unemployment in a developing economy,"
Research in Economics, Elsevier, vol. 64(4), pages 229-239, December.
- Chaudhuri, Sarbajit & Banerjee, Dibyendu, 2010. "FDI in Agricultural Land, Welfare and Unemployment in a Developing Economy," MPRA Paper 23488, University Library of Munich, Germany.
- Chaudhuri, Sarbajit, 2014.
"Foreign capital, non-traded goods and welfare in a developing economy in the presence of externalities,"
International Review of Economics & Finance, Elsevier, vol. 31(C), pages 249-262.
- Chaudhuri, Sarbajit, 2013. "Foreign capital, Non-Traded Goods and Welfare in a Developing Economy in the presence of Externalities," MPRA Paper 52140, University Library of Munich, Germany.
- Anthony Bottomley, 1975. "Interest Rate Determination in Underdeveloped Rural Areas," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(2), pages 279-291.
- Chaudhuri, Sarbajit & Banerjee, Dibyendu, 2007. "Economic liberalization, capital mobility and informal wage in a small open economy: A theoretical analysis," Economic Modelling, Elsevier, vol. 24(6), pages 924-940, November.
- Raveendra N. Batra, 1973. "Studies in the Pure Theory of International Trade," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-01423-1, October.
- Sarbajit Chaudhuri, 2003. "How and how far to liberalize a developing economy with informal sector and factor market distortions," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 12(4), pages 403-428.
- Khan, M. Ali, 1980. "The Harris-Todaro hypothesis and the Heckscher-Ohlin-Samuelson trade model : A synthesis," Journal of International Economics, Elsevier, vol. 10(4), pages 527-547, November.
- Chaudhuri, Sarbajit & Chaudhuri, Salonkara, 2019. "Foreign direct investment and credit market reform in a developing economy: Could these be alternative policies?," International Review of Economics & Finance, Elsevier, vol. 62(C), pages 321-331.
- repec:bla:econom:v:60:y:1993:i:237:p:79-103 is not listed on IDEAS
- Zhu, Susan Chun & Trefler, Daniel, 2005. "Trade and inequality in developing countries: a general equilibrium analysis," Journal of International Economics, Elsevier, vol. 65(1), pages 21-48, January.
- Sarbajit Chaudhuri, 2005. "Labour Market Distortion, Technology Transfer And Gainful Effects Of Foreign Capital," Manchester School, University of Manchester, vol. 73(2), pages 214-227, March.
- repec:bla:econom:v:64:y:1997:i:254:p:353-63 is not listed on IDEAS
- Bhaduri, Amit, 1977. "On the Formation of Usurious Interest Rates in Backward Agriculture," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 1(4), pages 341-352, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Chaudhuri, Sarbajit & Biswas, Anindya, 2016. "Endogenous labour market imperfection, foreign direct investment and external terms-of-trade shocks in a developing economy," Economic Modelling, Elsevier, vol. 59(C), pages 416-424.
- Chaudhuri, Sarbajit & Mukhopadhyay, Ujjaini, 2009. "Revisiting the Informal Sector: A General Equilibrium Approach," MPRA Paper 52135, University Library of Munich, Germany.
- Kuo†Hsing Kuo & Cheng†Te Lee & Shang†Fen Wu, 2018. "Environmental Policy And Labour Market Imperfection," Bulletin of Economic Research, Wiley Blackwell, vol. 70(2), pages 175-184, April.
- Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 2013. "Endogenous Capital Market Imperfection, Informal Interest Rate Determination and International Factor mobility in a General Equilibrium Model," MPRA Paper 51157, University Library of Munich, Germany.
- Somasree Poddar & Sarbajit Chaudhuri, 2016.
"Economic Reforms and Gender-Based Wage Inequality in the Presence of Factor Market Distortions,"
Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 14(2), pages 301-321, December.
- Chaudhuri, Sarbajit & Roychowdhury, Somasree, 2014. "Economic Reforms and Gender-based Wage Inequality in the Presence of Factor Market Distortions," MPRA Paper 54111, University Library of Munich, Germany.
- Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 2014.
"International factor mobility, informal interest rate and capital market imperfection: A general equilibrium analysis,"
Economic Modelling, Elsevier, vol. 37(C), pages 184-192.
- Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 2011. "International factor mobility, informal interest rate and capital market imperfection: a general equilibrium analysis," MPRA Paper 32682, University Library of Munich, Germany.
- Chaudhuri, Sarbajit & Ghosh, Arnab & Banerjee, Dibyendu, 2018. "Can public subsidy on education necessarily improve wage inequality?," International Review of Economics & Finance, Elsevier, vol. 54(C), pages 165-177.
- Sarbajit Chaudhuri, 2016. "Trade Unionism and Welfare Consequences of Trade and Investment Reforms in A Developing Economy," Metroeconomica, Wiley Blackwell, vol. 67(1), pages 152-171, February.
- Chaudhuri, Sarbajit, 2010. "Economic recession, demand constraint and labour markets in a developing economy," MPRA Paper 27433, University Library of Munich, Germany.
- Sarbajit Chaudhuri & Jayanta Kumar Dwibedi, 2022. "Anti‐immigration policy in developed countries: Welfare and distributional implications for developing economies," International Journal of Economic Theory, The International Society for Economic Theory, vol. 18(3), pages 358-381, September.
- Pi, Jiancai & Zhang, Pengqing, 2018. "Skill-biased technological change and wage inequality in developing countries," International Review of Economics & Finance, Elsevier, vol. 56(C), pages 347-362.
- Priya Brata Dutta, 2014. "Skilled-unskilled wage inequality, product variety and unemployment: A static general equilibrium analysis," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 23(1), pages 31-55, February.
- Sarbajit Chaudhuri & Somasree Poddar Roychowdhury & Salonkara Chaudhuri, 2019. "Gender-based wage inequality and economic liberalism in the presence of endogenous supply of female labour," Indian Economic Review, Springer, vol. 54(2), pages 239-260, December.
- Gupta, Manash Ranjan & Dutta, Priya Brata, 2012. "Skilled–unskilled wage inequality, product variety, public input and increasing returns: A static general equilibrium analysis," Economic Modelling, Elsevier, vol. 29(2), pages 502-513.
- Sarbajit Chaudhuri & Arnab Ghosh & Sattiki Deb, 2018. "Foreign Direct Investment and Rural Farm and Nonfarm Sectors in a Developing Economy," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 16(3), pages 787-810, September.
- Chaudhuri, Sarbajit & Yabuuchi, Shigemi, 2007. "Foreign Capital and Skilled-unskilled Wage Inequality in a Developing Economy with Non-traded Goods," MPRA Paper 2645, University Library of Munich, Germany.
- Sushobhan Mahata & Rohan Kanti Khan & Ranjanendra Narayan Nag, 2020. "Economic Recession, Informal Sector and Skilled–Unskilled Wage Disparity in a Developing Economy: A Trade-Theoretical Analysis," Foreign Trade Review, , vol. 55(2), pages 168-188, May.
- Dwibedi, Jayanta & Chaudhuri, Sarbajit, 2011. "Poverty alleviation programs, FDI-led growth and child labour under agricultural dualism," MPRA Paper 29997, University Library of Munich, Germany.
- Sarbajit Chaudhuri & Sushobhan Mahata & Salonkara Chaudhuri, 2022. "COVID-19 disaster and employment generation program in a developing economy," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 24(1), pages 46-64, June.
- Chaudhuri, Sarbajit & Marjit, Sugata, 2017. "International trade and quality of labour," International Review of Economics & Finance, Elsevier, vol. 49(C), pages 582-595.
More about this item
Keywords
Market distortion; Reformatory policy; Developing economy; Pareto optimal solution; Critical level of reform; Political economy consideration; General equilibrium model;All these keywords.
JEL classification:
- D59 - Microeconomics - - General Equilibrium and Disequilibrium - - - Other
- D60 - Microeconomics - - Welfare Economics - - - General
- J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets
- J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:ijlaec:v:67:y:2024:i:2:d:10.1007_s41027-024-00496-3. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.