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standards enhances Southern welfare unambiguously. …
Persistent link: https://www.econbiz.de/10005490153
. 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
-term. The welfare implications of unilateral environmental measures are assessed considering global industrial pollution and …
Persistent link: https://www.econbiz.de/10008642150
-border acquisition reduces welfare, greenfield investment can be welfare-improving. These results suggest that policy should distinguish …
Persistent link: https://www.econbiz.de/10010877755
switch from exporting to undertaking FDI when trade costs are relatively high. Also, collusion over FDI may increase welfare. …
Persistent link: https://www.econbiz.de/10005256688
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 …
Persistent link: https://www.econbiz.de/10009651058
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
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/10004984865
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