FDI in agricultural land, welfare and unemployment in a developing economy
Sarbajit Chaudhuri () and
Research in Economics, 2010, vol. 64, issue 4, 229-239
The paper purports to examine the consequences of foreign direct investment (FDI) in agricultural land in a developing economy using a three-sector general equilibrium model with simultaneous existence of unemployment of both skilled and unskilled labour. The analysis finds that FDI in agriculture does not only improve national welfare unequivocally but also mitigates the unemployment problem of both types of labour. The paper theoretically justifies the desirability of flow of FDI in agriculture in the developing economies.
Keywords: FDI; in; agricultural; land; National; welfare; Unemployment; Fair; wage; hypothesis; Skilled; labour; Unskilled; labour; General; equilibrium (search for similar items in EconPapers)
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Working Paper: FDI in Agricultural Land, Welfare and Unemployment in a Developing Economy (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reecon:v:64:y:2010:i:4:p:229-239
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