Titlebar

Export bibliographic data
Literature by the same author
plus on the publication server
plus at Google Scholar

 

On the Welfare Effects of Trade and Investment Liberalization

Title data

Egger, Peter ; Larch, Mario ; Pfaffermayr, Michael:
On the Welfare Effects of Trade and Investment Liberalization.
In: European Economic Review. Vol. 51 (April 2007) Issue 3 . - pp. 669-694.
ISSN 0014-2921
DOI: https://doi.org/10.1016/j.euroecorev.2006.03.007

Abstract in another language

Using a three-factor knowledge- and physical capital model of trade and multinational activity, we consider a set of policy experiments to assess the welfare effects of trade and investment liberalization in general equilibrium. Specifically, we address the question of whether and under which circumstances a single versus a combined trade/investment liberalization strategy or a unilateral versus a bilateral policy change is preferable from a single country's and the world's point of view. The focus of this paper is to look at three relevant questions. First, when is investment liberalization beneficial and when is it harmful for a single economy or the whole world? Second, is pure investment liberalization a welfare maximizing strategy? Third, when is either kind of liberalization (trade, investment, or both) welfare improving and when neither of them?

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: investment liberalization; multinationals; trade liberalization; welfare effects
Subject classification: F12; F23
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Lehrstuhl Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung
Faculties > Faculty of Law, Business and Economics > Department of Economics > Lehrstuhl Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung > Lehrstuhl für Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung - Univ.-Prof. Dr. Mario Larch
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Result of work at the UBT: No
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 14 Oct 2015 13:22
Last Modified: 14 Oct 2015 13:22
URI: https://eref.uni-bayreuth.de/id/eprint/16641