CAPITAL INFLOWS AND ECONOMIC WELFARE FOR A SMALL OPEN-ECONOMY WITH VARIABLE RETURNS TO SCALE

被引：2
|
作者：
ISHIKAWA, J
机构：
[1] University of Western Ontario, London
来源：
ECONOMICS LETTERS | 1991年 / 35卷 / 04期
关键词：
D O I：
10.1016/0165-1765(91)90014-C
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In the presence of a production subsidy (a tariff) and/or variable returns to scale, this paper shows that a capital inflow improves welfare under certain conditions, and that only temporary production subsidy (tariff) may be needed to generate capital inflows even if the domestic rental rate is initially lower than the world rental rate. © 1991.
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页码：429 / 433
页数：5
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