Export-Processing Zone and the Possibility of Welfare Gains with Foreign Capital Inflow : A Note
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概要
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It is shown in a simple model with 'export-processing zone' that exogenous inflow of foreign capital must increase welfare of an economy importing capital-intensive goods and following protectionary policy. It should also be added that this welfare effect depends on reasonable capital-labour ratio of the export-competing sectors in the country concerned.
- 大阪観光大学の論文
- 2003-03-20
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