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A trade embargo is a common way to punish a country. The question I ask is what effect does an embargo have on an …
Persistent link: https://www.econbiz.de/10005767600
A trade embargo is a common way to punish a country. The question I ask is what effect does an embargo have on an …
Persistent link: https://www.econbiz.de/10010629959
Unemployment is present in many developing countries. Thus, the government of a country that suffers from chronic unemployment often wants to emigrate some workers to foreign countries. This paper investigates whether such a policy is successful for reducing domestic unemployment.
Persistent link: https://www.econbiz.de/10009321771
We analyze foreign equity caps for international joint ventures. We develop a partial equilibrium model in which foreign equity caps are determined endogenously and find an interesting property, named a welfare indifference property i.e., maximization of domestic welfare and that of world...
Persistent link: https://www.econbiz.de/10010835908
Although empirical evidence shows that the relationship between foreign direct investment (FDI) and trade is complex …, theories of international investment (both vertical and horizontal) present simple patterns of relation.By allowing for … different locations of vertically-related stages of production and distinguishing between trade in finished goods and trade in …
Persistent link: https://www.econbiz.de/10010835994
We empirically analyze the role of different export destinations in the interrelationship between exporting and investments in R&D and fixed capital at the firm level. We employ a simultaneous equation multivariate Tobit model to account for censoring, interdependence, and endogeneity of our...
Persistent link: https://www.econbiz.de/10010836150
reason for foreign direct investment (FDI). If the reason for FDI is to get the advantage of cheap labor, higher productivity …-country welfare if the reason for FDI is to save transportation costs but may reduce it if trade costs consist of tariffs. Thus, the … present paper complements the recent literature on international trade that explores the effects of foreign firms …
Persistent link: https://www.econbiz.de/10010836151
In a simple three-country model where two countries sign a free trade agreement eliminating restrictions on trade and … investment between them, this paper shows that any benefits accruing to the investing country from engaging in outward FDI will … depend on the difference between the net return from investing in the third country and the equilibrium return on investment …
Persistent link: https://www.econbiz.de/10010836211
Although empirical evidence shows that the relationship between foreign direct investment (FDI) and trade is complex …, theories of international investment (both vertical and horizontal) present simple patterns of relation.By allowing for … different locations of vertically-related stages of production and distinguishing between trade in finished goods and trade in …
Persistent link: https://www.econbiz.de/10005110702
In a simple three-country model where two countries sign a free trade agreement eliminating restrictions on trade and … investment between them, this paper shows that any benefits accruing to the investing country from engaging in outward FDI will … depend on the difference between the net return from investing in the third country and the equilibrium return on investment …
Persistent link: https://www.econbiz.de/10005110724