THE REGIONAL CONSEQUENCES OF INTERNATIONAL-TRADE WITH INTERREGIONAL CAPITAL MOBILITY
成果类型：
Article
署名作者：
HERANDER, MG
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/0022-1996(92)90010-H
发表日期：
1992
页码：
373-381
关键词：
摘要：
This paper examines the resource allocation and welfare effects of international trade when a nation is composed of distinct regions and capital is mobile interregionally. The introduction of capital mobility significantly alters the regional consequences of free trade. It is shown, for example, that it is possible that the source of the nation's export expansion is the region that is at a technological disadvantage in the production of the export good. Also, that region whose comparative advantage coincides with that of the nation as a whole may see its welfare decrease with free trade.