The Theory of Domestic Content Protection and Content Preference
研究在不同国内含量定义、中间品数量和中间品市场结构下，含量保护与含量偏好对资源配置的影响，发现含量保护等价于几种常见贸易政策的组合，并讨论了其可能带来的反常和不良后果。
This paper investigates the resource reallocation effected by content protection and content preference schemes under alternative assumptions regarding the definition of domestic content, the number of intermediate goods, and the market structure of the domestic intermediate good industry. Content protection is shown to be equivalent to a combination of more familiar commercial policies. However, the extent of application of these policies is determined endogenously by parameters of the production functions for intermediate and final goods. A number of anomalous and undesirable outcomes that may result from content protection and content preference are discussed.