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- W2026961715 abstract "Abstract This paper examines the welfare effects of trade-related investment measures (TRIMs) in an intertemporal model with accumulations of domestic capital and foreign bonds. The TRIMs considered are foreign-investment quotas and export-share requirements. Given a pre-existing tariff, the second-best policy to the host economy is a foreign-investment quota together with an export-share requirement. Hence, completely eliminating the use of TRIMs in the presence of tariffs, as agreed upon in the Uruguay Round of GATT in 1994, may be sub-optimal from the viewpoint of the host country." @default.
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- W2026961715 date "2003-10-01" @default.
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- W2026961715 title "Export-performance requirements, foreign investment quotas, and welfare in a small dynamic economy" @default.
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- W2026961715 doi "https://doi.org/10.1016/s0304-3878(03)00083-x" @default.
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