haku: @journal_id 1464 / yhteensä: 220
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Tekijä: | Elligsen, T. Warneryd, K. |
Otsikko: | Foreign direct investment and the political economy of protection |
Lehti: | International Economic Review
1999 : MAY, VOL. 40:2, p. 357-380 |
Asiasana: | FOREIGN INVESTMENT POLITICAL ECONOMY INDUSTRIES |
Kieli: | eng |
Tiivistelmä: | This paper makes the point that an import-competing industry may not want maximal protection. The reason is that a high level of protection encourages inward foreign direct investment, which could be even less desirable than import competition. A government captured by the domestic import-competing industry consequently will set the level of protection low enough to limit direct foreign entry. This paper also establishes results regarding the form of protection. |
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