OPTIMAL TRADE TAXES IN THE PRESENCE OF FOREIGN OWNERSHIP AND EQUITY EXCHANGES

被引:0
|
作者
TAKEMORI, S
TSUMAGARI, M
机构
[1] Department of Economics, Keio University, Minato-ku, 108 Tokyo
关键词
OPTIMAL TRADE POLICY; FOREIGN OWNERSHIP;
D O I
10.1016/0022-1996(94)90015-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the question of the optimal trade policies in the presence of foreign ownership, extending the framework of the pioneering studies by Brecher and Bhagwati. Trade in the ownership claims is explicitly modelled using a stochastic trade model. The paper concludes that the results of the above studies crucially depend on the policy not being expected at the time foreign investment takes place.
引用
收藏
页码:483 / 500
页数:18
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