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| Author: | Sanna-Randaccio, F. |
| Title: | New protectionism and multinational companies |
| Journal: | Journal of International Economics
1996 : AUG, VOL. 41:1/2, p. 29-52 |
| Index terms: | MULTINATIONAL COMPANIES TRADE BARRIERS ECONOMICS |
| Language: | eng |
| Abstract: | This paper examines the welfare effects of eliminating non-tariff barriers (NTBs), when firms expand abroad via export or direct investment (DI). Two broad categories of NTBs are considered according to whether they discriminate only against the foreing exporter (Type I) or also against the local subsidiary of the foreign-owned firm (Type II). It is shown that welfare impact of market integration depends upon its influence on firms' international strategies and that such influence is a function of the type of measure removed. |
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