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    National Tsing Hua University Institutional Repository > 科技管理學院  > 經濟學系 > 期刊論文 >  Foreign Investment, Technology Transfer and Foreign Capital Impact Function

    Please use this identifier to cite or link to this item: http://nthur.lib.nthu.edu.tw/dspace/handle/987654321/45327

    Title: Foreign Investment, Technology Transfer and Foreign Capital Impact Function
    Authors: Tsai, Pan-Long
    教師: 蔡攀龍
    Date: 1989
    Publisher: Taylor & Francis
    Relation: International Economic Journal,Taylor & Francis,Volume 3,Issue 2,Summer 1989,Pages 43 - 56
    Keywords: Investment
    Abstract: This paper analyzes the optimal capital accumulation of a small open economy by incorporating the impact of technology transfer that accompanies foriegn ivestment. Assuming that technology transfer depends on the extent of foreign ownership, it is shown that, whenever there is technology transfer through foregn participation, the optimal rule suggests that a host country maintain some foreign capital in the steady state. The concept of the foreign capital impact function is introduced to capture possible negative effects in addition to the positive effects of foreign investment. The impact of foreign investment is shown to involve an externality, calling for government intervention for a social optimum.
    URI: http://ideas.repec.org/a/taf/intecj/v3y1989i2p43-56.html
    Appears in Collections:[經濟學系] 期刊論文

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