Foreign Capital and Protectionism.
In terms of a simple model, it is shown that the growth in the export processing zone through an influx of foreign-owned capital reduces welfare for an economy importing capital-intensive goods and following a protectionary policy. Similarly, it follows that growth in the export-processing zone should benefit economies importing labor-intensive goods.
Year of publication: |
1992
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Authors: | Beladi, Hamid ; Marjit, Sugata |
Published in: |
Canadian Journal of Economics. - Canadian Economics Association - CEA. - Vol. 25.1992, 1, p. 233-38
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Publisher: |
Canadian Economics Association - CEA |
Saved in:
Online Resource
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