Foreign-owned capital and endogenous tariffs by M. Olarreaga

Cover of: Foreign-owned capital and endogenous tariffs | M. Olarreaga

Published by World Bank, Development Research Group, Trade in Washington, DC .

Written in English

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  • Investments, Foreign.,
  • Free trade.,
  • International trade.,
  • Tariff.,
  • Commercial policy.

About the Edition

The increase in investment abroad during the past two decades may help explain the simultaneous worldwide rush toward free trade. The entry of foreign capital may change the political game, increasing openness to international trade no matter what form the foreign capital takes (whether entering by acquiring equity in existing domestic firms or by bringing foreign firms into the host economy) or what its trade orientation (whether it enters the export or import-competing sector).

Edition Notes

Book details

StatementMarcelo Olarreaga.
SeriesPolicy research working paper ;, 2205, Policy research working papers ;, 2205
ContributionsWorld Bank. Development Research Group. Trade.
LC ClassificationsHG3881.5.W57 P63 no. 2205
The Physical Object
Pagination21 p. ;
Number of Pages21
ID Numbers
Open LibraryOL6901036M
LC Control Number00711633

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Get this from a library. Foreign-owned capital and endogenous tariffs. [M Olarreaga; World Bank. Development Research Group. Trade.] -- The increase in investment abroad during the past two decades may help explain the simultaneous worldwide rush toward free trade. The entry of foreign capital may change the political game.

In a model of endogenous determination of trade protection through lobbying - where the government is also concerned about income redistribution among owners of foreign and national factors of production - foreign capital's entry into a host country will probably reduce the endogenous level of protection.

Foreign-Owned Capital and. "Foreign-owned Capital and Endogenous Tariffs," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol.

14, pages Handle: RePEc:ris:integr as. "Foreign-owned capital and endogenous tariffs," Policy Research Working Paper SeriesThe World Bank. Woohyung Lee & Tohru Naito & Ki-Dong Lee, " Effects of Mixed Oligopoly and Emission Taxes on the Market and Environment," Korean Economic Review, Korean Economic Association, vol.

33, pages Book/Printed Material Foreign-owned capital and endogenous tariffs / Foreign-owned capital and endogenous tariffs book increase in investment abroad during the past two decades may help explain the simultaneous worldwide rush toward free trade.

The entry of foreign capital may change the political game, increasing openness. Capital Movements and the Political Economy of Trade Policy Foreign-owned Capital and Endogenous Tariffs.

I start out with a standard political economy of trade policy model to guide the. Olarreaga, Marcelo: Foreign-owned Capital and Endogenous Tariffs Park, Donghyun: The Prospects Foreign-owned capital and endogenous tariffs book Further Economic Integration in ASEAN Qiu, Larry D.: Credit Rationing and Patterns of New Product Trade 75 Qwyong, David T.: Monetary Spillovers and Endogenous Comparative Advantage in an Unionized Two-Countiy World Journal of International Economics 22 () North-Holland FOREIGN DIRECT INVESTMENT WITH UNEMPLOYMENT AND ENDOGENOUS TAXES AND TARIFFS James A.

BRANDER Faculty of Commerce and Business Administration, University of British Columbia, Vancouver, B.C., Canada V6T IY8 Barbara J. SPENCER* University of British Columbia and Boston College, Chestnut Hill, MA Cited by: rates. The role of capital movements in affecting real incomes is brought out by comparing this case with the one in which both tariffs and taxes can be levied.

Section VI treats the case in which capital flows are not sub-ject to regulation so that the rates of return to capital in the two countries (in this "riskless" model of trade) must be. Capital Mobility, Tariff, Unemployment and the Real Exchange Rate domestic urban capital and K F the foreign-owned capital which can be Note that in the case of an endogenous flow of.

Note that this does not imply a time independent real wage floor. Foreign owned capital and reallocation of tariff proceeds We are only concerned with the welfare impact of changing tariffs on domestic and foreign owned primary factors and need not follow De Melo and Robinson ) in their detailed socioeconomic : Jean Mercenier.

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax Rupayan Palyand Ajay Sharmaz1 y, zIndira Gandhi Institute of Development Research (IGIDR), India Abstract In this paper we endogenize the objective functions of the regions as well as their decision to provide public investment in a model of competition for foreign.

Foreign-owned capital and endogenous tariffs / Marcelo Olarreaga Estimating trade restrictiveness indices / Hiau Looi Kee, Alessandro Nicita, Marcelo Olarreaga Trade and production, / Alessandro Nicita, Marcelo Olarreaga.

75 The Open Door Policy and China’s Rapid Growth (1) The state monopolized trade through state trade firm or individual could export or import goods without the intermediation of one of these corporations. (2) There was no close link between the world and domes- tic prices of tradable goods.

Morck, Randall and Yeung, Bernard Foreign Acquisitions: When Do They Make Sense?. Managerial Finance, Vol. 17, Issue. 6, p. Olibe, Kingsley O. and Crumbley Cited by:   “While tariffs in this case will not create adequate cell or module manufacturing to meet US demand, or keep foreign-owned Suniva and SolarWorld afloat, they will create a crisis in a part of.

Muehlfeld, Katrin Sahib, Padma Rao and van Witteloostuijn, Arjen Completion or Abandonment of Mergers and Acquisitions: Evidence from the Newspaper Industry, – Journal of Media Economics, Vol. 20, Issue. 2, p. Sorge, Arndt and van Witteloostuijn, Arjen The (Non)sense of. This paper studies the impact of input-trade liberalization on firms' decision to upgrade foreign technology embodied in imported capital goods.

The empirical analysis is motivated by a simple theoretical framework of endogenous technology adoption, heterogeneous firms and imported by: 8. The small increase in US tariffs enacted in Tariffs had been at their lowest level ever after the Tariff Act ofand the Morrill Tariff raised them only to an average of less than 15%.

But during the US Civil War that started just after, tariffs were increased well beyond these levels.

This contribution takes a new look at the gravity equation model in relation to foreign direct investment (FDI) of leading industrialized countries which presents a useful basis for assessing certain potential impacts arising from BREXIT—the envisaged leaving of the EU by the United Kingdom.

The gravity equation estimated subsequently allows one to consider the case of BREXIT and the broader Cited by: 8. Abstract. This paper investigates the relationship between the productivity of African manufacturing firms and their access to services inputs.

We use data from the World Bank Enterprise Survey for over 1, firms in ten Sub-Saharan African countries to Cited by: Between andthe years for which there is the best information, the share of foreign-owned firms in U.K.

manufacturing output rose from 19 percent to 22 percent. Inforeign-owned firms had a 35 percent labor productivity advantage (value-added per worker), rising to 45 percent in The Impossibility Trinity states that it is impossible for a country to have a stable foreign exchange rate, plus free capital movement (absence of capital controls), and an independent monetary policy at the same time.

A nation, therefore, must choose one side of this trinity and give up one corner. Foreign-Owned Companies in the U.S.: Malign or Benign. by Cletus C.

Coughlin from Review (Federal Reserve Bank of St. Louis), May/June Endogenous Financial Openness: Efficiency and Political Economy Considerations: w Devashish Mitra Vitor Trindade: Inequality and Trade: w Pushan Dutt Devashish Mitra: Labor Versus Capital in Trade-Policy Determination: The Role of General-Interest and Special-Interest Politics: w Pol Antràs Elhanan Helpman: Global Sourcing.

Published by (March ) Gail D. Triner, Mining and the State in Brazilian : Pickering and Chatto, xvii + pp. $99 (hardcover), ISBN: Reviewed for by Amanda Hartzmark, Department of History, University of Chicago. The independent generation tariffs were determined according to rate‐of‐return regulation principles also used in Western countries.

7 They were reset every year based on accounting cost information, but varied also by type of company and with the origin of the capital. Tariffs differed greatly across plants, even within the same firm and Cited by: enhancing productivity and growth in the caribbean 29 As concerns specific Caribbean states for which data on the LPI are available, The Bahamas experienced no change in its LPI between and   This paper reviews the progress of the research agenda initiated by The Future of the Multinational Enterprise ().

Focusing initially on the problem of explaining the existence of the multinational enterprise, the agenda soon broadened to encompass the analysis of alternative modes of foreign market entry, the role of international joint ventures, the impact of innovation on corporate Cited by:   How does liberalization of trade and investment (i.e., economic globalization) as well as membership in international organizations (i.e., political globalization) affect the natural environment.

Does economic and/or political globalization lead to ecological improvement or deterioration. This article reviews the existing literature on international political economy (IPE) and the environment Cited by: 1.

2 It is with this in mind that many developing oil and gas producing countries actively promote and enforce local-content policies as a means of leveraging the resource to promote an active industrialization programme and to stimulate and sustain economic growth.

There are a number of policy strategies to tackle this multi-faceted problem and Cited by: 8. Endogenous mergers and tariffs in an integrated market Chapter 6 in Trade Theory, Analytical Models and Development, The links between different versions of a paper are constructed automatically by matching on the titles.

CAMBODIA’S ECONOMIC DEVELOPMENT IN HISTORICAL PERSPECTIVE: A Contribution to the Study of Cambodia’s Economy. (Ma ). To distinguish this version, I have retitled it “Cambodia’s Economic Development in Historical Perspective”. As promised in the preface to my original and capital.”[48] Endogenous Growth and Cambodia.

Capital export neutrality – same tax rate regardless of the location of taxpayer’s income (but a possible higher foreign tax cost if foreign higher than U.S. tax rate Capital import neutrality – all firms in the same market are subject to the same rate of tax. Only country where the investment is located imposes Size: 1MB.

India’s sequencing of trade liberalization, which entailed earlier liberalization of capital and intermediate goods than for consumer goods, and much steeper reduction in tariffs for some of them, was intended to discourage the deferment of investments that might occur if domestic producers expected further reductions in capital goods tariffs.

This banner text can have markup. web; books; video; audio; software; images; Toggle navigation. Published by (May ). Chris Wrigley, editor, The First World War and the International nham: Edward Elgar, x + pp.$95 (cloth), ISBN Reviewed for by David Greasley, Economic History, University of Edinburgh.

Table Exports of Goods and services Imports of goods and services Net change in assets owned abroad Net change in foreign owned assets at.

Regional integration initiatives have long been part of the world economic landscape. In Latin America, integration flourished in the early post-war era but then lost momentum until the s. Transfer Pricing by Multinational Firms 4 innovative, exhibit higher productivity, pay higher wages and employ greater numbers of skilled or educated workers.9 Few, if any, of these studies, however, contemplate the influence of transfer pricing, a potentially important omission given that affiliates’ ability to purchase lower-pricedCited by:.

ports tariffs, which have the longest expiration period of either country at 30 years. About 6 percent of product lines will maintain tariffs of 20 or more or specifi c tariffs in both Japan and the United States in the early years of the TPP.

Most of the tariffs that are not eliminated immediately will be reduced over a timetable of between.This is an area that I spent 35 years advising US companies about. The decision about whether to move a factory abroad or somewhere else within the US is a very complex decision.

I could probably name 10 different factors that are involved in the.size.) Forthe large foreign-owned domestic corpora-tions fi ling FormsInformation Return of a Percent Foreign-Owned U.S.

Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business, comprised only percent of all percent-or-more foreign-owned domestic corporations but accounted for.

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