Since 2014
Hymer-Resnick and East Asian Industries in Open Rural Economies: Delineation by Seasonal Responses
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
Hymer-Resnick and East Asian Industries in Open Rural Economies: Delineation by Seasonal Responses
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| Creator |
Fabella, Raul V.
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| Subject |
—
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| Description |
We model the differential responses of rural industries in a Dutch Disease framework. The farm sector, F, is subject to seasonal undulation, is exportable; the Z-goods sector is importable and G is either nontrade or exportable. Labor is quasi-surplus. We show that exogenous or season-induced expansion in F expands G if nontraded (East Asian response) and shrinks Z unambiguously (Hymer-Resnick response). When G is exportable, expansion in F leaves G output unchanged (season neutral), shrinks Z, while the export of G falls (Dutch Disease).
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
1990-06-07
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/262
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| Source |
Philippine Review of Economics; Vol 27, No 1 (1990)
1655-1516 |
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/262/739
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| Rights |
Copyright (c) 2017 Philippine Review of Economics
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