is privatized. In the short run, privatization is harmful because all prices rise; the disciplinary role of the public … firm is lost. In the long run, privatization leads to further entry; the net effect is beneficial if consumer preference …

firms agglomerate in the foreign market (North-South FDI) and the optimal government intervention by the North is a zero … levels, the optimal tariff policy is such that both firms agglomerate in the domestic country (North-North FDI). …

domestic and foreign assets is high. However, we show that such acquisitions might have a low profitability, since the bidding …

This Paper studies cross-border acquisitions and greenfield entry in a multi-firm setting. Acquisition entry is more … such acquisitions might have a low profitability, however. The reason is that the bidding competition over the domestic …

market, we analyse whether the foreign firm may be forced to adopt an inefficient mode of supply (exports versus FDI) when … the domestic government is constrained in its ability to use trade policy, but is free to set its FDI policy. We find that … the foreign firm chooses the efficient mode of supply, even under a discriminatory output tax levied on FDI. This result …