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...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2005.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2005/150 |
| 在线阅读: | Full text available on IMF |