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Konan and Maskus consider how service liberalization differs from goods liberalization in terms of welfare, the level and composition of output, and factor prices within a developing economy, in this case Tunisia. Despite recent movements toward liberalization, Tunisian service sectors remain...
Persistent link: https://www.econbiz.de/10012748173
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The application of product regulations and standards is becoming increasingly contentious as an implicit nontariff barrier to trade. This overview of the policy debate and methodological issues surrounding product standards and technical barriers to trade proposes concrete steps to move forward...
Persistent link: https://www.econbiz.de/10012748764
Hoekman, Maskus, and Saggi analyze national and international policy options to encourage the international transfer of technology, distinguishing between four major channels of such transfer: trade in products, trade in knowledge, foreign direct investment, and intra-national and international...
Persistent link: https://www.econbiz.de/10012749468
Economic interactions among the high-income developed countries are characterized by high degrees of both intra-industry trade and intra-industry affiliate production and sales. Similar high-income countries both heavily trade with and invest into each other. The purpose of this paper is to show...
Persistent link: https://www.econbiz.de/10012470389
Beginning in the early 1980s, theoretical analyses have incorporated the multinational firm into the microeconomic, general-equilibrium theory of international trade. Recent advances indicate how vertical and horizontal multinationals arise endogenously as determined by country characteristics,...
Persistent link: https://www.econbiz.de/10012470390
Recent theoretical developments have incorporated endogenous multinational firms into the general-equilibrium model of trade. One simple taxonomy separates the theory into vertical' models in which firms geographically separate activities by stages of production and horizontal' models of...
Persistent link: https://www.econbiz.de/10012471623
An important component of Robert Lipsey's work has been his research on multinational firms, and his careful documentation of their behavior in terms of production and intra-firm trade. In this paper, we extend recent theory referred to as the knowledge-capital model', which simultaneously...
Persistent link: https://www.econbiz.de/10012471624
What we term the firm includes three principal assumptions. First, services of knowledge-based and knowledge-generating activities, such as R&D, can be geographically separated from production and supplied to production facilities at low cost. Second, these knowledge-intensive activities are...
Persistent link: https://www.econbiz.de/10012472041