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Impact of Local Content Restrictions and Barriers against Foreign Direct Investment in Services : The Case of Kazakhstan's Accession to the World Trade Organization

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dc.contributor.authorJensen, Jesper
dc.contributor.authorTarr, David
dc.date.accessioned2012-03-30T07:35:01Z
dc.date.available2012-03-30T07:35:01Z
dc.date.issued2008
dc.description.abstractWe employ a computable general equilibrium model of the Kazakh economy to assess the effect of accession to the World Trade Organization (WTO). Our model incorporates foreign direct investment by multinational business service providers and by multinational oil and gas companies; it contains endogenous productivity effects in both goods and services markets through a Dixit-Stiglitz (1977) framework. Our model is innovative in that we assess the effect of local content provisions for multinational oil and gas companies, provisions that are highly contentious in WTO accession negotiations. We show that our model features are crucial to the results, as the estimated gains are more than ten times larger than the gains from a constant return-to-scale model.en
dc.identifier.citationEastern European Economics
dc.identifier.issn00128775
dc.identifier.urihttps://hdl.handle.net/10986/5885
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectTrade Policy
dc.subjectInternational Trade Organizations F130
dc.subjectInternational Investment
dc.subjectLong-term Capital Movements F210
dc.subjectMultinational Firms
dc.subjectInternational Business F230
dc.subjectIndustry Studies: Services: General L800
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.subjectSocialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330
dc.titleImpact of Local Content Restrictions and Barriers against Foreign Direct Investment in Services : The Case of Kazakhstan's Accession to the World Trade Organizationen
dc.title.alternativeEastern European Economicsen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum970
okr.journal.nbpages5-26
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryKazakhstan
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1011600&site=ehost-live
okr.relation.associatedurlhttp://www.mesharpe.com/mall/results1.asp?ACR=EEE
okr.volume46
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