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Import Quotas, Foreign Capital and Income Distribution: A Comment

Author

Listed:
  • John Gilbert
  • Edward Tower

Abstract

This paper shows that an import quota cannot raise the welfare of a small country even if it induces a capital inflow.

Suggested Citation

  • John Gilbert & Edward Tower, 1998. "Import Quotas, Foreign Capital and Income Distribution: A Comment," The American Economist, Sage Publications, vol. 42(2), pages 90-93, October.
    • Handle: RePEc:sae:amerec:v:42:y:1998:i:2:p:90-93
    DOI: 10.1177/056943459804200209
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    References listed on IDEAS

    as
    1. G. D. A. MacDougall, 1960. "THE BENEFITS and COSTS OF PRIVATE INVESTMENT FROM ABROAD: A THEORETICAL APPROACH," The Economic Record, The Economic Society of Australia, vol. 36(73), pages 13-35, March.
    2. Brecher, Richard A. & Diaz Alejandro, Carlos F., 1977. "Tariffs, foreign capital and immiserizing growth," Journal of International Economics, Elsevier, vol. 7(4), pages 317-322, November.
    3. Harberger, Arnold C, 1971. "Three Basic Postulates for Applied Welfare Economics: An Interpretive Essay," Journal of Economic Literature, American Economic Association, vol. 9(3), pages 785-797, September.
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