search query: @indexterm International trade / total: 2170
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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. |
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