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What determines whether preferential liberalization of barriers against foreign investors in services are beneficial or immizerising : application to the case of Kenya
Balistreri, Edward J.; Jensen, Jesper; Tarr, David G. - 2015
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011386602
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Chapter 8. Trade, Intellectual Property Rights, and the World Trade Organization
Saggi, K. - 2016
This chapter surveys the literature on international trade and the protection of intellectual property rights (IPRs) in the global economy. The discussion is organized around the major questions in the field. How does openness to trade affect national incentives for patent protection? What is...
Persistent link: https://www.econbiz.de/10014023447
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Why are Trade Agreements more Attractive in the Presence of Foreign Direct Investment?
World Trade Organization - 1998
immiserising in the absence of Foreign Direct Investment (FDI), may be welfare-enhancing in the presence of foreign-owned firms …. The rationale is linked to the effect that the entry of FDI has on the pre-TA tariff, through contributions to the …
Persistent link: https://www.econbiz.de/10012884298
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Chapter 6. Putting Services and Foreign Direct Investment with Endogenous Productivity Effects in Computable General Equilibrium Models
Tarr, David G. - In: Handbook of computable general equilibrium modeling : …, (pp. 303-377). 2013
In this chapter I explain an innovative modeling approach that incorporates services, foreign direct investment (FDI … gains from trade or FDI liberalization. I then describe computable general equilibrium studies by my colleagues and I … accession that fails to incorporate FDI in services and endogenous productivity effects from additional services would yield an …
Persistent link: https://www.econbiz.de/10014025285
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Chapter 2. Multinational Firms and the Structure of International Trade
Antràs, Pol; Yeaple, Stephen R. - In: Handbook of international economics : Volume 4, (pp. 55-130). 2014
This chapter reviews the state of the international trade literature on multinational firms. This literature addresses three main questions. First, why do some firms operate in more than one country while others do not? Second, what determines in which countries production facilities are...
Persistent link: https://www.econbiz.de/10014025384
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Exploiting Complementarity in Applied General-Equilibrium Models : Heterogeneous Firms, Multinationals, Capacity Constraints, Endogenous Zeros
Markusen, James R. - National Bureau of Economic Research - 2024
Applied general-equilibrium (AGE) models have often made compromises to circumvent difficult modeling problems. One of these is avoiding endogenous zeros, ruling out important questions. Traditional perfect competition models: when do technologies or trade links switch from active to inactive or...
Persistent link: https://www.econbiz.de/10014635684
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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Antràs, Pol - C.E.P.R. Discussion Papers - 2011
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009320400
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Endogenous Market Structure and Foreign Market Entry
Markusen, James R.; Stähler, Frank - C.E.P.R. Discussion Papers - 2009
Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine...
Persistent link: https://www.econbiz.de/10008491714
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Domestic Labour Markets and Foreign Direct Investment
Haaland, Jan I.; Wooton, Ian - C.E.P.R. Discussion Papers - 2003
We study how the labour market and industry uncertainty affect the investment decisions of multinational enterprises (MNEs). In an uncertain business climate, MNEs must take account of the future in deciding where to locate a branch plant. When wages are endogenously determined, both the...
Persistent link: https://www.econbiz.de/10005123539
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Corporate taxes and intra-firm trade
Egger, Peter; Seidel, Tobias - In: European Economic Review 63 (2013) C, pp. 225-242
We argue in this paper that differences in corporate taxes between economies stimulate vertical integration of final goods producers and suppliers of intermediate goods causing more intra-firm trade. This is due to the fact that vertically integrated firms can shift profits from a high-tax...
Persistent link: https://www.econbiz.de/10010702965