Technology, trade and ‘urban poor’ in a general equilibrium model with segmented domestic factor markets

Soumyatanu Mukherjee

International Review of Economics & Finance, 2016, vol. 45, issue C, 400-416

Abstract: Drawing on the evidence from Indian provinces, this paper, using a four-sector general equilibrium model with segmented domestic labour and capital markets, proposes that factor-specific technological progress only in the capital-intensive segment of the urban formal sectors may affect the urban informal workers adversely, while a trade induced progress in the vertically integrated skill-intensive formal sector benefits them. The numerical analysis further illuminates the importance of credit-product inter-linkage to channel the impact on urban informal wage. Such analysis also helps to infer the well-being of the urban poor, given its strong association with the trends in informal wages.

Keywords: Technological progress; Urban informal wage; General equilibrium (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (5)

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Working Paper: Technology, Trade and ‘Urban Poor’ in a General Equilibrium Model with Segmented Domestic Factor Markets (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:45:y:2016:i:c:p:400-416

DOI: 10.1016/j.iref.2016.07.003

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