A Note on the Employment Effects of an Export Boom

• 영문명: A Note on the Employment Effects of an Export Boom
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Bharat R. Hazari Pasquale M. Sgro
• 간행물 정보: 『Journal of Economic Integration』제5권 제2호, 28~37쪽, 전체 10쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 1990.09.30

영문 초록

This paper utilizes the Heckscher-Ohlin type model with unemployment and non-traded goods to examine the effect of an export boom on the real exchange rate, sectoral outputs, unemployment, factor incomes and welfare. It is demonstrated that in the presence of unemployment ``Dutch Disease`` type results critically depend on the relative factor intensities of the export and import-competing sectors. In a distortionary setting the issue of ``Dutch Disease`` needs to be explored empircally via the use of computable general equilibrium models so that the ambiguities can be resolved case by case.