Record Details

FDI and Global Economic Integration: A Welfare Analysis

International Research in Economics and Finance

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Field Value
 
Title FDI and Global Economic Integration: A Welfare Analysis
 
Creator Wang, Yu Ter
 
Description This paper investigates the welfare impact on all member countries when nonmember countries invest in a member of an economic region, in which capital is allowed to move freely. It is shown that the nonmember investment will affects the welfare of all members despite that some members do not receive such investment directly. In general, the results depend on the relative magnitude of the tariff revenue effect, the tax revenue effect and the capital returns effect. Specific conditions for welfare change in each member country as well as the criterion for a common external tariff which ensures welfare improvement in all the member countries are derived.
 
Publisher July Press Pte.Ltd.
 
Contributor
 
Date 2019-12-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.julypress.com/index.php/iref/article/view/596
10.20849/iref.v3i2.596
 
Source International Research in Economics and Finance; Vol 3, No 2 (2019); p1
2591-734X
2529-8038
 
Language eng
 
Relation http://journal.julypress.com/index.php/iref/article/view/596/510
 
Rights Copyright (c) 2019 Yu Ter Wang
http://creativecommons.org/licenses/by/4.0