Tariffs, foreign capital and immiserizing growth
Tariffs, foreign capital and immiserizing growth
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关税、外国资本和贫困化增长
DOI：
10.1016/0022-1996(77)90048-4
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发表时间：
1977
影响因子：
3.3
通讯作者：
C. Alejandro
中科院分区：
文献类型：
--
作者：
Richard A. Brecher;C. Alejandro
对于一个征收关税的小国，在标准的两种商品双因素国际贸易模型中，本文重新考虑了国外资本流入的影响。当东道国继续进口资本密集型商品而保持不完全专业化时，分析表明，资本流入必须降低东道国的福利，假设外国资本获得其边际产品的全部（免税）价值。然而，考虑到其他情况，移民流入可能会对福利产生不同的影响。
For a small tariff-imposing country, within the standard two-commodity two-factor model of international trade, this paper reconsiders the implications of an inflow of capital from abroad. When the host country continues to import the capital-intensive good while remaining incompletely specialized, the analysis shows that the capital inflow must reduce host-country welfare, assuming that the foreign capital receives the full (untaxed) value of its marginal product. Under other circumstances considered, however, the inflow may have different consequences for welfare.