Infrastructure Aid, Deindustrialization, and Welfare /
This paper investigates the deindustrialization and welfare effects of infrastructure aid in developing countries. In the short run, cost-saving infrastructure aid in the export sector increases the domestic wage rate, whereas the same aid in the import sector lowers it. The cost of nontraded goods...
1. autor: | |
---|---|
Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2005.
|
Seria: | IMF Working Papers; Working Paper ;
No. 2005/150 |
Dostęp online: | Full text available on IMF |