Showing 1 - 10 of 734
This document examines foreign direct investment (FDI) when multinationals and labour unions bargain over labour contracts and lobby the self-interested government for taxation and labour market regulation. We demonstrate that right-to-manage bargaining predicts higher returns for FDI than does...
Persistent link: https://www.econbiz.de/10010261532
). We show that standard theory in the economics of regulation must be reconsidered in a world with MNEs and novel results …
Persistent link: https://www.econbiz.de/10011608515
regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels … lobbying, but that lobbying can reverse the welfare ordering. …
Persistent link: https://www.econbiz.de/10010315488
This paper investigates if multinationals in.uence the political process through lobbying more effectively than … national firms. First, I introduce a model which contrasts a multinational's incentives for lobbying with those of a national … firm. Then the effect of lobbying on the political decision is analyzed. I conclude that multinationals have smaller …
Persistent link: https://www.econbiz.de/10010315594
This article examines the location choices of cross-border Mergers and Acquisitions (M&A) between OECD members´ firms in the 1990`s. In addition to traditional determinants of FDI, we estimate the impact of specific factors affecting the M&A location pattern. Two distinct econometric methods...
Persistent link: https://www.econbiz.de/10010295407
Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between …
Persistent link: https://www.econbiz.de/10010325651
We propose a simple model to analyze the widespread idea that a necessary condition for firms to make foreign direct investments is that they have firm-specific advantages with respect to host country firms. We show that no such advantages are necessary to become multinationals. Further, firms...
Persistent link: https://www.econbiz.de/10010334751
This article argues that the body of foreign direct investment (FDI) literature in general and the ownership, location, and internalization (OLI) paradigm in particular would be enriched if finance-specific factors are explicitly incorporated as drivers of FDI. We suggest that financial...
Persistent link: https://www.econbiz.de/10010335020
This paper studies the effect of foreign direct investment (FDI) on environmental policy stringency in a two-country model with trade costs, where FDI could be unilateral and bilateral and both governments address local pollution through environmental taxes. We show that FDI does not give rise...
Persistent link: https://www.econbiz.de/10011604967
Theory model assuming that distance affects both pure trade costs and plant set-up costs. Exports and FDI are not necessarily …
Persistent link: https://www.econbiz.de/10011435093