Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 8 Number 1 pp. 5-13

Udo Broll, Sabine Hansen-Averlant, Sugata Marjit

Dresden University of Technology

Domestic labour, foreign capital and welfare

Abstract: A competitive allocation of labour across different sectors of a small open economy may not be socially optimal when one sector uses foreign specific capital. We argue that a suitably designed economic policy is required to maximize national welfare of the host country. In particular such a policy design has to take into account repatriation of factor income by multinational firms. (original abstract)
pub/2008_1_5.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume8/issue1/2008_1_5.pdf
Keywords: Capital, International enterprise, Labour force mobility, Welfare economics, Kapitał, Przedsiębiorstwo międzynarodowe, Mobilność siły roboczej, Ekonomia dobrobytu

For citation:

MLA Broll, Udo, et al. "Domestic labour, foreign capital and welfare." Economics and Business Review EBR 8.1 (): 5-13.
APA , (). Domestic labour, foreign capital and welfare. Economics and Business Review EBR 8(1), 5-13
ISO 690 BROLL, Udo, HANSEN-AVERLANT, Sabine, MARJIT, Sugata. Domestic labour, foreign capital and welfare. Economics and Business Review EBR, , 8.1: 5-13.