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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1674 |
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 |
URL | https://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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