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Yenhuang Chen and Lihong Zhao |
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''Wage Subsidy and Sector-Specific Unemployment: A New Economic Geography Approach'' |
( 2009, Vol. 29 No.1 ) |
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This paper uses a new economic geography approach to examine the effects of wage
subsidy, which is undertake to bolster up the industrial development. This paper also
highlights the effects of trade liberalization and international capital mobility. In
particular, sector-specific unemployment is introduced in the monopolistically
competitive sector of the home country.
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Keywords: |
JEL: F2 - International Factor Movements and International Business: General
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Manuscript Received : Jun 11 2008 | | Manuscript Accepted : Mar 25 2009 |
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