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Investment liberalization and international trade Abstract This paper estimates the cross-price elasticity of exports with respect to investment costs for bilateral relations between 36 countries. We show that the effect of reducing foreign direct investment costs on exports depends on country characteristics and trade costs as predicted by the [Markusen, 1997 and Markusen, 2002] model. When countries differ in relative factor endowments and trade costs are low, investment liberalization stimulates exports, whereas when countries are similar in terms of relative factor endowments and size, and trade costs are moderate to high, investment liberalization reduces exports. Author Keywords: Exports; Foreign direct investment; International trade; Investment costs; Investment liberalization ----------- 是一个PDF,你看看摘要,觉得可以我传你.还有很多,反正就是关于international trade..
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