Domestic labour, foreign capital and welfare

Authors

  • Udo Broll
  • Sabine Hansen-Averlant
  • Sugata Marjit

DOI:

https://doi.org/10.18559/ebr.2008.1.541

Keywords:

Capital, International enterprise, Labour force mobility, Welfare economics, Kapitał, Przedsiębiorstwo międzynarodowe, Mobilność siły roboczej, Ekonomia dobrobytu

Abstract

A competitive allocation of labour across different sectors of a small open economy may not be socially optimal when one sector uses foreign specific capital. We argue that a suitably designed economic policy is required to maximize national welfare of the host country. In particular such a policy design has to take into account repatriation of factor income by multinational firms. (original abstract)

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Published

2008-03-30

How to Cite

Broll, U., Hansen-Averlant, S., & Marjit, S. (2008). Domestic labour, foreign capital and welfare. Economics and Business Review, 8(1), 5–13. https://doi.org/10.18559/ebr.2008.1.541

Issue

Vol. 8 No. 1 (2008)

Section

Research article- regular issue

License

Copyright (c) 2008 Poznań University of Economics and Business

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.