sold at an auction. The model suggests that low greenfield costs and low trade costs induce foreign acquisitions. The …

sold at an auction. The model suggests that low greenfield costs and low trade costs induce foreign acquisitions. The …

privatization. Market power is shown to be an important determinant of the equilibrium market structure, when greenfield investment …

privatization. Market power is shown to be an important determinant of the equilibrium market structure, when greenfield investment …

relevant in privatization auctions than in greenfield FDI models, since these profit shifts are partly paid for by the foreign …This paper studies privatization policy in an international oligopoly. The argument that equal treatment of foreign … counterproductive, by preventing welfare-enhancing foreign acquisitions. …

relevant in privatization auctions than in greenfield FDI models, since these profit shifts are partly paid for by the foreign …This paper studies privatization policy in an international oligopoly. The argument that equal treatment of foreign … counterproductive, by preventing welfare-enhancing foreign acquisitions. …

tax/subsidy competition for FDI before and after privatization. We show that policy competition is irrelevant in the … with an instrument which can be used either to reduce the negative impact on welfare of an FDI-attracting privatization or …In this paper, we provide an explanation of why privatization may attract foreign investors interested in entering a …

tax/subsidy competition for FDI before and after privatization. We show that policy competition is irrelevant in the … with an instrument which can be used either to reduce the negative impact on welfare of an FDI-attracting privatization or …In this paper, we provide an explanation of why privatization may attract foreign investors interested in entering a …

Investment liberalizing countries are often concerned that cross-border mergers & acquisitions might have an adverse …

In this paper we investigate tax/subsidy competition for FDI between countries of different size when a domestic firm … policy competition between the two governments seeking to attract FDI. We show that the country hosting the incumbent always … benefits from FDI if the domestic firm is a public welfare-maximizing firm, while its welfare may decrease when it is a private …