Arbeitspapier
Domestic labor, foreign capital and national welfare
The competitive allocation of labor across different sectors of an economy may not be socially optimal when one sector uses foreign capital. We argue that a suitably designed government intervention is required to restrict the sectors to their optimal size and maximize national welfare. Such a policy internalizes the possibility of repatriation and reinvestment. We demonstrate the optimality of a minimum wage regulation.
- Sprache
-
Englisch
- Erschienen in
-
Series: Dresden Discussion Paper Series in Economics ; No. 12/04
- Klassifikation
-
Wirtschaft
Trade and Labor Market Interactions
International Investment; Long-term Capital Movements
- Thema
-
Foreign capital
factor mobility
national welfare
targeting
Arbeitsmarktpolitik
Direktinvestition
Internationale Faktormobilität
Internationale Arbeitsmobilität
Mindestlohn
Mehr-Sektoren-Modell
Wohlfahrtseffekt
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Broll, Udo
Hansen, Sabine
Marjit, Sugata
- Ereignis
-
Veröffentlichung
- (wer)
-
Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
- (wo)
-
Dresden
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Broll, Udo
- Hansen, Sabine
- Marjit, Sugata
- Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
Entstanden
- 2004
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