On the Imposssibility of Immiserizing Growth Article

Miyagiwa, K. (1993). On the Imposssibility of Immiserizing Growth . International Economic Journal, 7(2), 1-13. 10.1080/10168739300080009

cited authors

  • Miyagiwa, K

abstract

  • This paper examines the welfare effect of economic growth for a small country which restricts international trade within the Ricardo-Viner model. We find immiserizing growth impossible under quantity restrictions regardless of sector-specificity of capital and nationality of ownership. Furthermore, we find that when quantity restrictions on imports cannot be altered the (second-best) optimal rate of tax on foreign capital is zero. The implications of this result, which contrasts with that of Brecher and Findlay, are discussed. [F 11, F 20]. © 1993, Taylor & Francis Group, LLC. All rights reserved.

authors

publication date

  • June 1, 1993

published in

Digital Object Identifier (DOI)

start page

  • 1

end page

  • 13

volume

  • 7

issue

  • 2