English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 92776/123147 (75%)
Visitors : 26983330      Online Users : 451
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/111669

    Title: Welfare effects of tourism-driven Dutch disease: The roles of international borrowings and factor intensity
    Authors: 陳平河
    Chen, Ping-ho
    Lai, Ching-chong
    Chud, Hsun
    Contributors: 經濟系
    Date: 2016-07
    Issue Date: 2017-08-08 16:40:05 (UTC+8)
    Abstract: This paper develops a two-sector dynamic general equilibrium model to analyze the welfare implications of the Dutch disease induced by the demand shock arising from a tourism boom. Compared with the existing literature, we introduce two new elements, namely, international borrowings and the relative factor-intensiveness, and examine their interplay with the welfare effects of the Dutch disease. We show that (i) when the household can freely borrow from the world financial market, the Dutch disease will not affect welfare; (ii) when the economy is closed to the world financial market, the Dutch disease is beneficial (harmful) to the residents' welfare if the tourism good sector is capital-intensive (labor-intensive). Moreover, this paper provides a simulation analysis to examine the welfare effect of both the steady-state and the transitional responses arising from a tourism boom. © 2016 Elsevier Inc.
    Relation: International Review of Economics and Finance, Volume 44, Pages 381-394
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1016/j.iref.2016.02.004
    DOI: 10.1016/j.iref.2016.02.004
    Appears in Collections:[經濟學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    381.pdf563KbAdobe PDF228View/Open

    All items in 政大典藏 are protected by copyright, with all rights reserved.

    社群 sharing

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback