Buch(gedruckt)#11997
Protection and the gainful effects of foreign capital
In: Diskussionsbeiträge
In: Serie 2 334
An increased foreign capital inflow into a protected sector is generally immiserizing. We show that if the protected sector produces an intermediate input, positive welfare effects may emerge. A striking result is that it might lead to an increased import-demand for the intermediate input which is a substitute for the product of the import-competing sector.
In: Diskussionsbeiträge
In: Serie 2 334
Englisch
Problem melden