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Author:Marin, D.
Schnitzer, M.
Title:Economic incentives and international trade
Journal:European Economic Review
1998 : MAY, VOL. 42:3-5, p. 705-716
Index terms:INTERNATIONAL TRADE
INSTITUTIONS
DEBT
COMMODITIES
TECHNOLOGY TRANSFER
FOREIGN INVESTMENT
Language:eng
Abstract:The paper studies the importance of incentives as a determinant of international trade flows. It is argued that barter, countertrade and foreign direct investment can be seen as efficient institutions that mitigate contractual hazards arising in technology trade, marketing and imperfect capital markets. There are predictions of two models dealt with in the paper.
SCIMA record nr: 175716
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