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comparative advantage in producing innovative goods. We illustrate how protection, R&D subsidies, and financial sector development …
Persistent link: https://www.econbiz.de/10010277410
comparative advantage in producing innovative goods. We illustrate how protection, R&D subsidies, and financial sector development …
Persistent link: https://www.econbiz.de/10009228619
comparative advantage in innovative goods. We show how protection, R&D subsidies and financial development improve access to …
Persistent link: https://www.econbiz.de/10008542816
In this research note, we develop a model of the services sector liberalization through Modes 3 and 4 where capital is brought to the home country. Foreign capital owners compete with domestic capital owners in producing services. Results in this research note show that domestic labour is better...
Persistent link: https://www.econbiz.de/10010683618
Using a general equilibrium model of a protected developing economy, we demonstrate that imperfect labor mobility may eliminate the possibility of immiserizing growth from foreign investment in an export enclave by allowing job creation to countervail losses in tariff revenue.
Persistent link: https://www.econbiz.de/10010600162
Both Russia and the EU are undertaking significant changes in foreign trade relations. Russia seeks WTO accession and the EU has concluded negotiations enlarging the union with ten new members. Against this background, what economic relationship can EU and Russia develop? The Paper analyses the...
Persistent link: https://www.econbiz.de/10005667019
This Paper proposes a new method to test the Grossman-Helpman model of endogenous protection and lobby formation. This … trade protection purposes and calculates equilibrium contributions directly from the model using structural parameter … counter-lobbying from downstream users on endogenous protection. Applied to India, it yields results that are qualitatively …
Persistent link: https://www.econbiz.de/10005661615
Persistent link: https://www.econbiz.de/10014310640
position has neither theoretical support nor empirical evidence in its favor. Given that protection may have other - usually …
Persistent link: https://www.econbiz.de/10011404898
A major challenge for the multilateral trading system is to secure the benefits of trade liberalization without infringing on the freedom of governments to pursue legitimate domestic objectives. The difficulty lies in distinguishing between two types of situations. In one, a non-protectionist...
Persistent link: https://www.econbiz.de/10010330157