Asymmetric Effects of Endowment Changes on Foreign Investment Source and Host Countries
本文使用多要素连续商品模型，发现东道国资本增长必然损害来源国福利，而来源国劳动力增长对东道国的影响则需要更严格的条件。
This paper explores the asymmetric impact of factor endowment changes on for- eign investment source and host countries using a Ricardo-Wilson (multi-factor, continuum- of-goods) model where there is a technological basis for trade even if the countries are equivalent in all respects except for capital endowments. It is discovered that host-country capital growth must be immiserizing in the source country provided that the two countries are initially alike in all respects except for capital endowments. While a stringent single- good MacDougall-Kemp restriction suffices to guarantee that source-country labour growth is immiserizing in the host country, initial equivalence between countries is insufficient.