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2008 | 8 | nr 1 | 5-13
Tytuł artykułu

Domestic labour, foreign capital and welfare

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
A competitive allocation of labour across different sectors of a small open economy may not be socially optimal when one sector uses foreign specific capital. We argue that a suitably designed economic policy is required to maximize national welfare of the host country. In particular such a policy design has to take into account repatriation of factor income by multinational firms. (original abstract)
Rocznik
Tom
8
Numer
Strony
5-13
Opis fizyczny
Twórcy
autor
  • Dresden University of Technology
  • Dresden University of Technology
  • Centre for Studies in Social Sciences
Bibliografia
  • Beladi, Hamid and Sugata Marjit (1992), Foreign Capital and Protectionism, Canadian Journal of Economics 25(1), January, pp. 233-238.
  • Brecher, Richard A. and Carlos F. Diaz-Alejandro (1977), Tariffs, Foreign Capital and Immiserzing Growth, Journal of International Economics 7(4), December, pp. 317-322.
  • Brecher, Richard A. and Ronald Findlay (1983), Tariffs, Foreign Capital and National Welfare with Sector Specific Factors, Journal of International Economics 14(3-4), December, pp. 277-288.
  • Broll, Udo and Kit Pong Wong (2006), Multinationals, Hedging and Capital Structure under Exchange Rate Uncertainty, Open Economies Review 17(1), pp. 103-114.
  • Chao, Chi-Chur and Eden S.H. Yu (1996), Are Wholly Foreign-Owned Enterprises better than Joint Ventures? Journal of International Economics 40(1-2), March, pp. 225-237.
  • Chao, Chi-Chur and Eden S.H. Yu (1997), Foreign-Investment Tax and Tariff Policies in Developing Countries, Review of International Economics 5(1), January, pp. 47-62.
  • Feenstra, Robert C. (2007), Globalization and its Impact on Labour, Global Economy Lecture 2007, Vienna Institute for International Economic Studies.
  • Jones, Ronald W. (1995), A Three-Factor Model in Theory, Trade and History, in: International Trade, Vol. 59 International Library of Critical Writings in Economics, pp. 39-57, Aldershot and Brookfield: Elgar.
  • Jones, Ronald W. and Fumio Dei (1983), International Trade and Foreign Investment: A Simple Model, Economic Inquiry 21(4), December, pp. 449-464.
  • Jones, Ronald W. and Sugata Marjit (1995), Labour-Market Aspects of Enclave-led Growth, Canadian Journal of Economics 28, Special Issue, pp. 76-93.
  • Marjit, Sugata, Broll, Udo and Sandip Mitra (1997), Targeting Sectors for Foreign Capital Inflow in a Small Developing Economy, Review of International Economics 5(1), January, pp. 101-106.
  • Mukherjee, Arijit and Udo Broll (2007), Welfare Effects of Foreign Direct Investment: Cost Saving vs. Signaling, Journal of Economics 90(1), pp. 29-41.
  • Neary, Peter and Frances P. Ruane (1988), International Capital Mobility, Shadow Prices and the Cost of Protection, International Economic Review 29(4), December, pp. 571-585.
  • Warr, Peter C. (1990), Export Processing Zones, in: C. Milner (Ed.) Export Promotion Strategies: Theory and Evidence for Developing Countries, pp. 130-161, New York: Columbia University Press.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171221771
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