PROTECTION AND THE GAINFUL EFFECTS OF FOREIGN-CAPITAL

Authors
MARJIT S BELADI H
Citation
S. Marjit et H. Beladi, PROTECTION AND THE GAINFUL EFFECTS OF FOREIGN-CAPITAL, Economics letters, 53(3), 1996, pp. 311-316
Citations number
10
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
53
Issue
3
Year of publication
1996
Pages
311 - 316
Database
ISI
SICI code
0165-1765(1996)53:3<311:PATGEO>2.0.ZU;2-3
Abstract
An increased foreign capital inflow into a protected sector is general ly immiserizing. We show that, if the protected sector produces an int ermediate input, positive welfare effects may emerge. A striking resul t is that it might lead to an increased import demand for the intermed iate input which is a substitute for the product of the import-competi ng sector.