Trade-Related Investment Measures

This unique book makes a contribution to the deeper understanding of various trade-related investment measures (TRIMs). The issues have been largely inspired by the use of trade policies on foreign investment adopted in China and many other nations from the 1960s to the 1990s. Building upon the existing literature and the authors' own work, the 20 chapters in the book examine, using several versions of general-equilibrium frameworks, resource allocation and welfare effects of both trade-related investment measures and investment-related trade/environmental measures. Traditional and duality microeconomic tools and modelling techniques have been extensively utilised in analysing various real-world, investment and environmental issues, especially those encountered in developing economies. Policy implications regarding optimal trade, investment and environmental policies that emerged from the analyses are also provided.

This book is self-contained in applications of trade theories and related general-equilibrium modelling techniques. It may be used as an advanced textbook in trade theory and policy as well as a reference book for policy makers, professional practitioners and academic researchers in designing trade policies.

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Contents:On Investment Measures, Trade, and the Environment:On Investment Measures and TradeInternational Trade and Distortions: General Equilibrium ModelsTRIMS, Environmental Taxes, and Foreign InvestmentExport-Share Requirements:Export-Share Requirements and Quota ProtectionExport-Share Requirements, Trade Balances, and Welfare: A Two-Period AnalysisExport Requirements, Investment Quotas, and Welfare in a Dynamic EconomyThe Impact of Export-Share Requirements Under Production UncertaintyContent Protection, Equity Controls, and Foreign Investment:Content Protection, Urban Unemployment, and WelfareLocal Content Requirements, Welfare, and Trade BalanceWholly Foreign-Owned Enterprises or Joint VenturesDomestic Equity Controls of Multinational EnterprisesTrade Liberalization, Foreign Ownership, and the EnvironmentOptimal Foreign-Investment and Pollution TaxesForeign Capital and the Economy Under Imperfect CompetitionProfit-Sharing and International Capital MobilityPrivatization and Foreign Competition in Developing EconomiesDomestic Equity Control, Capital Accumulation, and Welfare: Theory and China's EvidenceIssues of Export Duty Rebates:Export Duty Rebates and Export Performance: Theory and China's ExperienceImport Duty Drawback and VAT Rebate Policies: A CGE Analysis for ChinaSummary and Suggestions for Future Research
Readership: Academic researchers and policy makers specialising in trade theory.