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英文文献：Raw Materials, Processing Incentives And Foreign Ownership-原材料、加工奖励和外资所有权
英文文献作者：Gilbert, John
英文文献摘要：
The effect of foreign ownership on trade policy outcomes has long been a topic of interest, but only recently have the consequences of multiple levels of production been considered. We examine processing incentives in a simplified general equilibrium framework with foreign ownership of a primary factor. Second-best considerations mean non-intervention is sub-optimal, but multiple levels of production can lead to an investment terms-of-trade effect of indeterminate sign, depending critically on the production structure. We illustrate how this may change standard conclusions regarding the effect of trade restrictions where there is foreign ownership, and optimal intervention to achieve specific policy objectives.
外国所有权对贸易政策结果的影响一直是一个令人感兴趣的话题，但直到最近才考虑到多种生产水平的后果。我们研究了在一个简化的一般均衡框架下的加工激励与外国所有权的一个主要因素。次优的考虑意味着不干预是次优的，但多种生产水平可能导致不确定迹象的投资条件-贸易效应，这在很大程度上取决于生产结构。我们将说明这将如何改变关于有外国所有权的贸易限制的影响的标准结论，以及最佳干预以实现特定政策目标。
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