standards enhances Southern welfare unambiguously. …

-term. The welfare implications of unilateral environmental measures are assessed considering global industrial pollution and …

less developed, FDI is always welfare-enhancing. …

-border acquisition reduces welfare, greenfield investment can be welfare-improving. These results suggest that policy should distinguish …

benefits from FDI if the domestic firm is a public welfare-maximizing firm, while its welfare may decrease when it is a private … welfare-maximizer location. Finally, an efficiency-enhancing role of policy competition may only arise when the domestic …

FDI differ between alternative implementation schemes of the ALP and explore implications of the ALP for welfare and dual …

switch from exporting to undertaking FDI when trade costs are relatively high. Also, collusion over FDI may increase welfare. …

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 …