R. Hazari, Bharat; M. Sgro, Pasquale - In: Journal of Economic Integration 13 (1998), pp. 485-498
In recent years a number of papers have examined the impact of inflow of foreign capital on welfare in a trade theoretic model. Two fundamental ques - tions have been raised in this literature. First, what is the welfare impact of foreign capital inflow under a laissez faire regime? Second, what...