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Book part
Publication date: 29 February 2008

Hamid Beladi and E. Kwan Choi

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

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Forecasting in the Presence of Structural Breaks and Model Uncertainty
Type: Book
ISBN: 978-1-84950-540-6

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Book part
Publication date: 1 October 2007

Hamid Beladi and E. Kwan Choi

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

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Intellectual Property, Growth and Trade
Type: Book
ISBN: 978-1-84950-539-0

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Book part
Publication date: 1 April 2006

Jai-Young Choi and E. Kwan Choi

This paper investigates the role of infrastructure aid to developing countries beset with unemployment. Since unemployment persists in most developing countries with…

Abstract

This paper investigates the role of infrastructure aid to developing countries beset with unemployment. Since unemployment persists in most developing countries with chronic foreign debts, the impact of infrastructure aid is analyzed using an extended Harris–Todaro model with two traded good sectors and a nontraded good sector. The paper delineates sufficient conditions under which infrastructure aid may lead to a Dutch disease effect.

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Theory and Practice of Foreign Aid
Type: Book
ISBN: 978-0-444-52765-3

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Book part
Publication date: 1 October 2008

E. Kwan Choi and Jai-Young Choi

Purpose – This chapter investigates the role of infrastructure aid to developing countries for determining the effect on national income and consumer welfare. The chapter…

Abstract

Purpose – This chapter investigates the role of infrastructure aid to developing countries for determining the effect on national income and consumer welfare. The chapter further demonstrates the conditions for the Dutch disease effect by decomposing the output effects of infrastructure aid into the initial factor-saving effect, factor-substitution effect and nontraded good effect.

Methodology/approach – This chapter extends the Heckscher−Ohlin model to a 3×2 case with two traded goods and a nontraded good, and derives comparative static results on factor prices, the price of nontraded goods, foreign exchange rate, sectoral outputs, and national income and consumer welfare.

Findings – It is shown that for a recipient country, infrastructure aid to either the export or import sector necessarily raises national income and consumer welfare, whereas the same aid to the nontraded good sector does not affect national income but raises consumer welfare. Infrastructure aid may lead to a Dutch disease effect via its three effects on industrial outputs: the initial factor-saving effect, factor-substitution effect and nontraded good effect.

Research limitations/implications – This chapter considers infrastructure capital as a public input, but it is devoid of analysis of inter-industrial spillover effects that the infrastructure capital generates to other sectors.

Practical implications – This chapter reveals several aspects of infrastructure aid that the practitioners of aids must consider.

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Globalization and Emerging Issues in Trade Theory and Policy
Type: Book
ISBN: 978-1-84663-963-0

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Book part
Publication date: 25 July 2011

Hamid Beladi and E. Kwan Choi

This series is aimed at economists and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economists and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

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Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

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Book part
Publication date: 2 June 2008

Abstract

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Contemporary and Emerging Issues in Trade Theory and Policy
Type: Book
ISBN: 978-1-84950-541-3

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Book part
Publication date: 1 November 2011

Hamid Beladi and E. Kwan Choi

This series is aimed at economist and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economist and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

Details

Economic Growth and Development
Type: Book
ISBN: 978-1-78052-397-2

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Book part
Publication date: 2 June 2008

Hamid Beladi and E. Kwan Choi

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

Details

Contemporary and Emerging Issues in Trade Theory and Policy
Type: Book
ISBN: 978-1-84950-541-3

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Book part
Publication date: 1 April 2006

Hamid Beladi and E. Kwan Choi

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economists and financial economists worldwide and will provide an in depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

Details

Theory and Practice of Foreign Aid
Type: Book
ISBN: 978-0-444-52765-3

To view the access options for this content please click here
Book part
Publication date: 24 September 2010

Hamid Beladi and E. Kwan Choi

This series is aimed at economists and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economists and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

Details

New Developments in Computable General Equilibrium Analysis for Trade Policy
Type: Book
ISBN: 978-0-85724-142-9

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