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Duty drawback schemes, which typically involve a combination of duty rebates and exemptions, are a feature of many countries' trade regimes. They are used in highly protected, developing economies as means of providing exporters with imported inputs at world prices, and thus increasing their...
Persistent link: https://www.econbiz.de/10005812672
This paper documents the foreign asset ownership and investment theory of the dynamic GTAP Model (GTAP-Dyn). The new investment theory offers a disequilibrium approach to modeling endogenously international capital mobility. It permits a recursive solution procedure, a feature that allows easy...
Persistent link: https://www.econbiz.de/10005227278