Showing 1 - 10 of 20,821
. Second, as a result, policy competition does not change regional welfare. Lastly, the equilibrium policy could be either a …
Persistent link: https://www.econbiz.de/10010782000
-border acquisition reduces welfare, greenfield investment can be welfare-improving. These results suggest that policy should distinguish …
Persistent link: https://www.econbiz.de/10010877755
less developed, FDI is always welfare-enhancing. …
Persistent link: https://www.econbiz.de/10010610088
This investigation pits Cournot oligopolists against each other in a model of quality and R&D choice. A firm gains a strategic advantage over its rival when it is able to sell in more countries due to the jointness of quality improvements across production locations. Trade barriers that restrict...
Persistent link: https://www.econbiz.de/10005824190
This paper addresses the role that foreign vs. domestic ownership of companies plays for governments in asymmetric countries’ competition for a multinational’s subsidiary. I argue that equilibrium subsidies as well as a foreign investor’s location decision in policy competition between...
Persistent link: https://www.econbiz.de/10005163002
is lower than the welfare-maximizing one. The drawback is that social welfare generally decreases. We also investigate … with an instrument which can be used either to reduce the negative impact on welfare of an FDI-attracting privatization or …
Persistent link: https://www.econbiz.de/10005043616
This paper analyzes the role that the ownership structure of companies plays for governments in asymmetric countries´ competition for a multinational´s subsidiary. I argue that equilibrium tax policies as well as a foreign investor´s location decision in policy competition between these...
Persistent link: https://www.econbiz.de/10010625729
This study develops a two-country policy competition model for foreign direct investment between asymmetric countries. It analyzes how firm ownership via foreign capital affects the investment location choice of the foreign firm, and policy competition between the potential host countries. The...
Persistent link: https://www.econbiz.de/10011077064
is welfare improving for the foreign country, but welfare declining for the domestic country. If only multinational firms … are competitive, the impact on market structure and the welfare of the domestic country is indeterminate, whereas the … welfare of the foreign country improves. By contrast, if the oligopolistic industry is located in both countries' then FDI …
Persistent link: https://www.econbiz.de/10005700568
of governance standards; ii) in misgoverned settings, FDI firms may magnify the problems of state capture and procurement …
Persistent link: https://www.econbiz.de/10005407674