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Foreign Investment with Endogenous Protection

Author : Gene M. Grossman
Publisher :
Page : 48 pages
File Size : 30,16 MB
Release : 1994
Category : International business enterprises
ISBN :

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Jagdish Bhagwati coined the phrase quid pro quo foreign investment to describe international investments made in anticipation of host country trade policy and perhaps with the intention of defusing a protectionist threat. We apply Bhagwati's notion to situations where (i) foreign investment is best described as the (uncoordinated) opening of branch plants by multinational corporations, and (ii) protection is a political response by an incumbent government to offers of policy-contingent campaign contributions by domestic firms. We examine the determinants of anticipatory foreign investment and study some of its welfare implications. We also allow for lobbying by workers with sector- specific skills and show how the conflicting interests of these workers and the industrialists are resolved in determining policy toward foreign investment.

Endogenous Regional Development

Author : Robert John Stimson
Publisher : Edward Elgar Publishing
Page : 353 pages
File Size : 19,16 MB
Release : 2011
Category : Business & Economics
ISBN : 1849804788

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Increasingly, endogenous factors and processes are being emphasized as drivers in regional economic development and growth. This 15 chapter book is unique in that it commences by presenting five disciplinary takes on endogenous development from the perspectives of economics, geography, sociology, planning and organizational management. Several chapters demonstrate how researchers have developed operational models to investigate the roles played by endogenous factors in regional economic development, including the role of entrepreneurial rents. Further chapters provide empirical investigations of endogenous factors in regional development at various levels of spatial scale - from the supraregion to the nation, city and small town - and in a variety of situational settings, including the European Union, Asia and Australia. The book is an invaluable up-to-date resource for researchers and students in regional science, and regional economic development and planning.

Trade-related Investment Measures: Theory And Applications

Author : Eden Siu-hung Yu
Publisher : World Scientific Publishing Company
Page : 337 pages
File Size : 14,46 MB
Release : 2014-06-20
Category : Business & Economics
ISBN : 1783264802

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This unique book makes a contribution to the deeper understanding of various trade-related investment measures (TRIMs). The issues have been largely inspired by the use of trade policies on foreign investment adopted in China and many other nations from the 1960s to the 1990s. Building upon the existing literature and the authors' own work, the 20 chapters in the book examine, using several versions of general-equilibrium frameworks, resource allocation and welfare effects of both trade-related investment measures and investment-related trade/environmental measures. Traditional and duality microeconomic tools and modelling techniques have been extensively utilised in analysing various real-world, investment and environmental issues, especially those encountered in developing economies. Policy implications regarding optimal trade, investment and environmental policies that emerged from the analyses are also provided.This book is self-contained in applications of trade theories and related general-equilibrium modelling techniques. It may be used as an advanced textbook in trade theory and policy as well as a reference book for policy makers, professional practitioners and academic researchers in designing trade policies.

International economics I.

Author : Giancarlo Gandolfo
Publisher : Springer Science & Business Media
Page : 372 pages
File Size : 26,88 MB
Release : 1994-08-31
Category : Business & Economics
ISBN : 9783540581338

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Alongside the traditional topics of international trade theory, this useful textbook integrates many topics usually omitted, and contains results of new research. It may be used at both undergraduate and graduate level, thanks to its unique "two-tier" structure: the text speaks directly to the undergraduate in extremly clear terms; while the appendices, which form the second tier, are addressed to graduate students and researchers. Each appendix is a self-contained treatment in mathematical terms of the topics examined in the text. The ample and balanced treatment of the various approaches and the clarity of exposition ensure that readers gain a thorough grasp of theories, facts and policies.