MEASUREMENT OF THE GAINS FROM FOREIGN OWNED CAPITAL - The Canadian Case
The main body of theory concerning international investment has dealt primarily with the derivation of the conditions under which it is necessary to either subsidize or tax traded goods and foreign investment in order to obtain the optimum level of foreign investment for the welfare maximization of either the host or lending country. Using the two sector, two country model where only one factor is mobile but both goods are traded, a number researches have concluded that under competitive conditions, capital-rich countries tie up too great a proportion of their resources in foreign ventures. This paper considers this issue in a world where there is taxation in the host and in the home country of the foreign investor.
|Date of creation:||Jun 1972|
|Contact details of provider:|| Postal: Kingston, Ontario, K7L 3N6|
Phone: (613) 533-2250
Fax: (613) 533-6668
Web page: http://www.econ.queensu.ca/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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, 03.
- Flatters, Frank, 1972. "Commodity Price Equalization: A Note on Factor Mobility and Trade," American Economic Review, American Economic Association, vol. 62(3), pages 442-476, June.
- Caves, Richard E, 1971. "International Corporations: The Industrial Economics of Foreign Investment," Economica, London School of Economics and Political Science, vol. 38(149), pages 1-27, February.
When requesting a correction, please mention this item's handle: RePEc:qed:dpaper:5. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bahman Kashi)
If references are entirely missing, you can add them using this form.