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作者：Chang, R
作者单位：Rutgers University System; Rutgers University New Brunswick
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作者：Hamilton, SF; Stiegert, KW
作者单位：State University System of Florida; University of Central Florida; University of Wisconsin System; University of Wisconsin Madison
摘要：A central result in the theoretical literature on strategic trade is the 'rent-shifting hypothesis'. the idea that government's can employ trade policy as a precommitment device to transfer profit from foreign to domestic firms. To our knowledge, however, the rent-shifting hypothesis remains untested empirically. This paper constructs a theory-based empirical test of rent-shifting behavior that relies on observations of government precommitment variables employed through State Trading Enterpri...
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作者：Qiu, LD; Spencer, BJ
作者单位：University of British Columbia; Hong Kong University of Science & Technology
摘要：This paper considers the implications of relationship-specific investment within keiretsu for policies aimed at opening the Japanese market for intermediate goods, such as auto-parts, Both VIEs applied to parts and VERs restricting Japanese exports of autos cause the keiretsu to import a wider range of parts, but of a relatively unimportant type, such as seat covers, Since keiretsu investment and output fall, the total value of US parts exports may actually fall. For a given value of these exp...
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作者：Beck, T
作者单位：The World Bank
摘要：This paper explores a possible link between financial development and trade in manufactures. The theoretical model focuses on the role of financial intermediaries in facilitating large-scale, high-return projects and shows that economies with better-developed financial sectors have a comparative advantage in manufacturing industries. We provide evidence for this hypothesis, first proposed by Kletzer and Bardhan (Journal of Development Economics 1987;27:57-70), using a 30-year panel for 65 coun...
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作者：Dekle, R
作者单位：University of Southern California
