Academic Commons

Articles

Foreign Ownership and the Theory of Trade and Welfare

Bhagwati, Jagdish N.

This paper reconsiders a number of standard topics in the history of international trade by taking explicit account of the distinction between national and aggregate income when fixed supplies of foreign-owned inputs are present within the domestic economy.

Subjects

Files

Also Published In

Title
Journal of Political Economy

More About This Work

Academic Units
Economics
Published Here
November 16, 2012
Academic Commons provides global access to research and scholarship produced at Columbia University, Barnard College, Teachers College, Union Theological Seminary and Jewish Theological Seminary. Academic Commons is managed by the Columbia University Libraries.