Foreign Investment with Endogenous Protection

Foreign Investment with Endogenous Protection
Author: Gene M. Grossman
Publisher:
Total Pages: 48
Release: 1994
Genre: International business enterprises
ISBN:

Jagdish Bhagwati coined the phrase quid pro quo foreign investment to describe international investments made in anticipation of host country trade policy and perhaps with the intention of defusing a protectionist threat. We apply Bhagwati's notion to situations where (i) foreign investment is best described as the (uncoordinated) opening of branch plants by multinational corporations, and (ii) protection is a political response by an incumbent government to offers of policy-contingent campaign contributions by domestic firms. We examine the determinants of anticipatory foreign investment and study some of its welfare implications. We also allow for lobbying by workers with sector- specific skills and show how the conflicting interests of these workers and the industrialists are resolved in determining policy toward foreign investment.

Endogenous Regional Development

Endogenous Regional Development
Author: Robert John Stimson
Publisher: Edward Elgar Publishing
Total Pages: 353
Release: 2011
Genre: Business & Economics
ISBN: 1849804788

Increasingly, endogenous factors and processes are being emphasized as drivers in regional economic development and growth. This 15 chapter book is unique in that it commences by presenting five disciplinary takes on endogenous development from the perspectives of economics, geography, sociology, planning and organizational management. Several chapters demonstrate how researchers have developed operational models to investigate the roles played by endogenous factors in regional economic development, including the role of entrepreneurial rents. Further chapters provide empirical investigations of endogenous factors in regional development at various levels of spatial scale - from the supraregion to the nation, city and small town - and in a variety of situational settings, including the European Union, Asia and Australia. The book is an invaluable up-to-date resource for researchers and students in regional science, and regional economic development and planning.

Trade-related Investment Measures: Theory And Applications

Trade-related Investment Measures: Theory And Applications
Author: Eden Siu-hung Yu
Publisher: World Scientific Publishing Company
Total Pages: 337
Release: 2014-06-20
Genre: Business & Economics
ISBN: 1783264802

This unique book makes a contribution to the deeper understanding of various trade-related investment measures (TRIMs). The issues have been largely inspired by the use of trade policies on foreign investment adopted in China and many other nations from the 1960s to the 1990s. Building upon the existing literature and the authors' own work, the 20 chapters in the book examine, using several versions of general-equilibrium frameworks, resource allocation and welfare effects of both trade-related investment measures and investment-related trade/environmental measures. Traditional and duality microeconomic tools and modelling techniques have been extensively utilised in analysing various real-world, investment and environmental issues, especially those encountered in developing economies. Policy implications regarding optimal trade, investment and environmental policies that emerged from the analyses are also provided.This book is self-contained in applications of trade theories and related general-equilibrium modelling techniques. It may be used as an advanced textbook in trade theory and policy as well as a reference book for policy makers, professional practitioners and academic researchers in designing trade policies.

Political Economy and International Economics

Political Economy and International Economics
Author: Jagdish N. Bhagwati
Publisher: MIT Press
Total Pages: 598
Release: 1996
Genre: Business & Economics
ISBN: 9780262522182

Political Economy and International Economics is the fifth volume of collected essays by the noted economist Jagdish Bhagwati.

Lectures on International Trade, second edition

Lectures on International Trade, second edition
Author: Jagdish N. Bhagwati
Publisher: MIT Press
Total Pages: 615
Release: 1998-09-28
Genre: Business & Economics
ISBN: 0262522470

The greatest strength of this thoroughly revised and expanded edition of Lectures on International Trade is its rigorous algebraic and geometric treatment of the various models and results of trade theory. The authors, who now include Arvind Panagariya, offer both policy insights and empirical applications. They have added nine entirely new chapters as well as new sections to several existing chapters (e.g., a greatly expanded treatment of the growing theory of preferential trade agreements).