not suffice that incentives are provided in order to ease the entry of multinationals. Instead, it also appears to be … important that exit costs are at a level attractive to multinationals. In other words, multinationals may not check into an …

not suffice that incentives are provided in order to ease the entry of multinationals. Instead, it also appears to be … important that exit costs are at a level attractive to multinationals. In other words, multinationals may not check into an …

potentially problematic, as they depend on a number of restrictive assumptions, namely that (i) multinationals use domestically … produced inputs in the same proportion as imported inputs, (ii) multinationals have the same input sourcing behaviour as … domestic firms, irrespective of their country of origin, and (iii) the demand for locally produced inputs by multinationals is …