Enrichment of a sector (individual/region/country) benefits others: A generalization

Siang Ng, Yewkwang Ng

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Abstract

Ng (Pacific Economic Review 1 (1996): 93-115) showed that the enrichment of a sector benefits the rest of the world as a whole in its general thrust, by showing the benefit for a benchmark case of a proportionate enrichment with homothetic preferences (for the enriching sector). This note generalizes the analysis to examine the effect of enrichment of one sector on some other sector. A proportionate enrichment with homothetic preferences can still be said to benefit any given sector in its general thrust, but in a somewhat weaker sense.

Original languageEnglish
Pages (from-to)299-301
Number of pages3
JournalPacific Economic Review
Volume5
Issue number3
DOIs
Publication statusPublished - 2000

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