02641nam 2200601Ia 450 991081628180332120200520144314.01-4623-3769-41-4527-5922-71-283-51222-X1-4519-9230-09786613824677(CKB)3360000000443460(EBL)3014505(SSID)ssj0000941471(PQKBManifestationID)11518166(PQKBTitleCode)TC0000941471(PQKBWorkID)10963719(PQKB)10383751(OCoLC)694141193(MiAaPQ)EBC3014505(IMF)WPIEE2006129(EXLCZ)99336000000044346020071128d2006 uf 0engur|n|---|||||txtccrImmiserizing foreign aid the roles of tariffs and nontraded goods /Stephen Tokarick1st ed.[Washington, D.C.] International Monetary Fund, Research Dept.c20061 online resource (17 p.)IMF working paper ;WP/06/129"May 2006."1-4518-6389-6 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. THE YANO AND NUGENT MODEL""; ""III. AN ALTERNATIVE MODEL WITH PN FLEXIBLE""; ""REFERENCES""International trade theory has pointed out that factor accumulation could immiserize a country if it is sufficiently biased toward the export sector, or if it is biased toward an importcompeting sector in the presence of tariff protection. This paper analyzes the impact of aid, in the form of an increase in the capital stock used only in the nontraded sector, on real income. Yano and Nugent (1999) discussed this issue, but their analysis turned out to be incorrect. This paper demonstrates that whether aid in the form of an increase in capital specific to the nontraded sector reduces welfare depends on how aid affects the price of the nontraded good and on whether imports and the nontraded good are substitutes or complements in demand.IMF working paper ;WP/06/129.Economic assistanceInternational economic relationsEconomic assistance.International economic relations.Tokarick Stephen1673849International Monetary Fund.Research Dept.MiAaPQMiAaPQMiAaPQBOOK9910816281803321Immiserizing Foreign Aid4122210UNINA