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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w7700 |
来源ID | Working Paper 7700 |
Foreign Direct Investments in Services and the Domestic Market for Expertise | |
James R. Markusen; Thomas F. Rutherford; David Tarr | |
发表日期 | 2000-05-01 |
出版年 | 2000 |
语种 | 英语 |
摘要 | Producer services such as managerial and engineering consulting can provide domestic firms with the substantial benefits of specialized knowledge that would be costly in terms of both time and money for domestic firms to develop on their own. These intermediate services are often non-traded, or costly to trade, and are best transferred through foreign direct investment. This has important implications for public policy since policies that impact on foreign direct investment are often quite different from those that impact on trade in goods. We develop a model of these services in this paper. Results show that: (1) while imported services are partial-equilibrium substitutes for domestic skilled labor, they may be general-equilibrium complements, (2) imported services lead to differential productivity effects in final goods production so that, for example, the pattern of trade in goods can reverse when FDI is permitted, and (3) the optimal tax on FDI (which we do not advocate as a practical matter) is negative. |
URL | https://www.nber.org/papers/w7700 |
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/565261 |
推荐引用方式 GB/T 7714 | James R. Markusen,Thomas F. Rutherford,David Tarr. Foreign Direct Investments in Services and the Domestic Market for Expertise. 2000. |
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 | ||
w7700.pdf(165KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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