G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1674
DP1674 Expanding the Welfare System: A Proposal for Reform
Dennis Snower; Mike Orszag
发表日期1997-07-30
出版年1997
语种英语
摘要This paper deals with the investment effects of regional integration agreements and discusses how such arrangements may affect inward and outward foreign direct investment (FDI) flows in the integrating region. After setting up a conceptual framework for the analysis, we provide three studies focusing on different kinds of regional integration: North-North integration (Canada joining CUSFTA), North-South integration (Mexico?s accession to NAFTA), and South-South integration (MERCOSUR). The main conclusion of the study is that the responses to an integration agreement largely depend on the environmental change brought about by the agreement and the locational advantages of the participating countries and industries. Moreover, the findings suggest that the most positive impact on FDI has occurred when regional integration agreements have coincided with domestic liberalization and macroeconomic stabilization in the member countries.
主题International Trade and Regional Economics
关键词Fdi Mncs Regional integration
URLhttps://cepr.org/publications/dp1674
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530816
推荐引用方式
GB/T 7714
Dennis Snower,Mike Orszag. DP1674 Expanding the Welfare System: A Proposal for Reform. 1997.
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