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 language | English |
|---|---|
| Pages (from-to) | 299-301 |
| Number of pages | 3 |
| Journal | Pacific Economic Review |
| Volume | 5 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2000 |