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Author: | Kemp, M. C. Shimomura, K. |
Title: | A theory of voluntary unrequited international transfers |
Journal: | Japanese Economic Review
2002 : SEP, VOL. 53:3, p. 290-300 |
Index terms: | Econometric models Regional differences International economics |
Language: | eng |
Abstract: | Formulating a simple two-country and two-commodity model, the paper shows that either country extends aid to the other, or one country extends aid and both countries benefit from the aid, and there exist acceptable exists acceptable economies such that one country extends aid to the other. |
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