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http://hdl.handle.net/10419/65747
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| Title: | | Immiserizing growth and the Metzler paradox in the Ricardian model  |
| Authors: | | Collie, David R. |
| Issue Date: | | 2009 |
| Series/Report no.: | | Cardiff Economics Working Papers E2009/11 |
| Abstract: | | Conditions for the occurrence of immiserizing growth and the Metzler paradox are analysed in the Ricardian model when consumers in the foreign country have Leontief preferences while consumers in the home country have Cobb-Douglas preferences. By using specific functional forms, the conditions for the occurrence of the two paradoxes are defined in terms of the exogenous parameters of the model rather than endogenous variables such as the elasticity of demand for exports in the conditions of Bhagwati (1958) and Metzler (1949a and b). It is shown that the simultaneous occurrence of both paradoxical results is possible for some parameter values. |
| Subjects: | | Immiserizing Growth Metzler Paradox Import Tariffs Ricardian Model |
| JEL: | | F11 F13 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Cardiff Economics Working Papers
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