Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/101724
Year of Publication: 
1997
Series/Report no.: 
Diskussionsbeiträge - Serie II No. 334
Publisher: 
Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft, Konstanz
Abstract: 
An increased foreign capital inflow into a protected sector is generally immiserizing. We show that if the protected sector produces an intermediate input, positive welfare effects may emerge. A striking result is that it might lead to an increased import-demand for the intermediate input which is a substitute for the product of the import-competing sector.
Subjects: 
Exogenous capital
welfare
JEL: 
F20
F21
Document Type: 
Working Paper

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