International transactions in innovative machinery∗
研究了将新技术引入第三世界工业的两种交易类型(机器制造者转移和机器使用者转移)的经济影响,结论认为在比较静态分析中,没有证据表明一种交易优于另一种。
The paper explores the economic implications of two different types of transactions to bring new technology into Third World industries — ’machine‐maker’ and ‘machine‐user’ transfers. Its main conclusion is agnostic. It suggests that there is no presumption in favour of ‘arms length’ transaction as opposed to the more complex transfers of the machine‐user type—not at least in terms of comparative static analysis. The comparative merits of the two types of transfer depend in the end on their international distributional effect and the relative case with which these can be controlled by government policy.