Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w4512 |
来源ID | Working Paper 4512 |
Anti-Competitive and Rent-Shifting Aspects of Domestic-Content Provisions in Regional Trade Blocks | |
Florencio Lopez-de-Silane; James R. Markusen; Thomas F. Rutherford | |
发表日期 | 1993-10-01 |
出版年 | 1993 |
语种 | 英语 |
摘要 | Regional trade agreements must specify domestic-content rules (rules of origin) that define the conditions under which a good qualifies as 'domestic' and so may be freely traded within the block. The paper analyzes such rules, focussing in particular on oligopolistic industries in which foreign multinationals producing within the block rely much more on imported intermediate inputs than do domestic firms. In such a situation, we argue that domestic content provisions are anti-competitive, reducing overall final output of the industry, and shift rents (in the absence of free entry) to domestic firms. It is possible that the anti-competitive aspect of the rules are sufficiently strong that total industry profits rise and the equilibrium demand for the substitute domestic inputs falls (the scale effect of reduced output outweighs a substitution effect in favor of domestic intermediates). The latter effect is more likely to the extent that the foreign multinationals can switch from producing within the block to exporting to the block. These ideas are then examined numerically using an applied general-equilibrium model of the North American auto industry. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w4512 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561889 |
推荐引用方式 GB/T 7714 | Florencio Lopez-de-Silane,James R. Markusen,Thomas F. Rutherford. Anti-Competitive and Rent-Shifting Aspects of Domestic-Content Provisions in Regional Trade Blocks. 1993. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w4512.pdf(2766KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。