Protectionism, labor mobility, and immiserizing growth in developing economics
In a small, tariff-ridden, developing economy with imperfect labor mobility, we show that capital accumulation may not immiserize even with foreign rent repatriation. Employment creation effects can outweigh losses in tariff revenue. With perfect immobility, immiserization cannot occur without repatriation. © 2002 Elsevier Science B.V. All rights reserved.
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