eprintid: 1382242
rev_number: 19
eprint_status: archive
userid: 618
dir: disk0/01/38/22/42
datestamp: 2013-01-24 12:05:37
lastmod: 2015-07-21 02:13:27
status_changed: 2013-01-24 12:05:37
type: thesis
metadata_visibility: show
item_issues_count: 0
creators_name: Su, Y-T
title: Economic growth, trade policy and foreign direct investment.
ispublished: unpub
divisions: F24
note: Thesis digitised by British Library EThOS.
abstract: While openness enables countries to keep pace with the most
advanced state-of-the-art knowledge, technology transfers among
innovators in different countries facilitate the motivation of research and
development and the spread of new knowledge and skills. Rapid
technological innovations also motivate trade and international capital
flows and speed up the integration process of the world economy. The
thesis concentrates on two areas within these ongoing investigations;
namely Trade Policy and Foreign Direct Investment (FDI), within the
wider discussions of the newly developed models in the theory of
Economic Growth, styled "endogenous growth theory"
Based on the models of new growth theory, namely Romer (1987,1990,
1994), Barro and Sala-i-Martin (1995, Chapter 4,6, and 7), Aghion and
Howitt (1992) and Grossman and Helpman (1992, Chapter 4 and 11),
this thesis first focuses on the mechanism through which trade
restrictions affect the welfare of a developing country. In Chapter 2, the
comparison of the welfare effects of two of the most commonly used
trade policies, tariff and voluntary export restriction (VER) is presented.
It shows counter-intuitively that a VER may be superior to a tariff.
Second, this thesis focuses on the mechanism illustrating the interaction
of imitation, FDI, and economic growth rate of a developing country.
Chapter 3 constructs a model which detects the interrelationships
between FDI, innovation, imitation and the long-run growth rate. One of
the major findings is that governmental policies to promote local
technology activities do not necessarily improve the relative condition of
labour in the policy-active country.
Finally, in Chapter 4, this thesis also examines the empirical evidences
of the effect of FDI upon the growth of a developing country's economy
based on a recent growth model. The Taiwanese economy (1953-1995)
is used as an empirical case study. The results show that FDI did play
an important role in the manufacturing industry of Taiwan.
date: 2000
vfaculties: VSHS
oa_status: green
thesis_class: doctoral_open
language: eng
thesis_view: UCL_Thesis
dart: DART-Europe
primo: open
primo_central: open_green
verified: verified_manual
full_text_status: public
pages: 222
institution: University of London
department: Economics
thesis_type: Doctoral
citation:        Su, Y-T;      (2000)    Economic growth, trade policy and foreign direct investment.                   Doctoral thesis , University of London.     Green open access   
 
document_url: https://discovery.ucl.ac.uk/id/eprint/1382242/1/393074.pdf