TARIFF-INDUCED CAPITAL INFLOW AND WELFARE UNDER VARIABLE RETURNS TO SCALE

被引：2
|
作者：
YABUUCHI, S
机构：
[1] Aichi University, Toyohashi, Aichi, 440, Machichata
来源：
ECONOMICS LETTERS | 1990年 / 33卷 / 01期
关键词：
D O I：
10.1016/0165-1765(90)90206-G
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper extends recent studies on tariff-immiserization in the presence of internationally mobile sector-specific capital to include the possibility of non-constant returns to scale. It is shown that Brecher and Diaz-Alejandro's (1977) proposition does not necessarily hold; that is, under certain conditions tariff-induced capital inflow improves the host-country's welfare even if the foreign capital receives the full (untaxed) value of its marginal product. © 1990.
引用
收藏
页码：87 / 93
页数：7
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