sold at an auction. The model suggests that low greenfield costs and low trade costs induce foreign acquisitions. The …

sold at an auction. The model suggests that low greenfield costs and low trade costs induce foreign acquisitions. The …

privatization. Market power is shown to be an important determinant of the equilibrium market structure, when greenfield investment …

privatization. Market power is shown to be an important determinant of the equilibrium market structure, when greenfield investment …

relevant in privatization auctions than in greenfield FDI models, since these profit shifts are partly paid for by the foreign …This paper studies privatization policy in an international oligopoly. The argument that equal treatment of foreign … counterproductive, by preventing welfare-enhancing foreign acquisitions. …

relevant in privatization auctions than in greenfield FDI models, since these profit shifts are partly paid for by the foreign …This paper studies privatization policy in an international oligopoly. The argument that equal treatment of foreign … counterproductive, by preventing welfare-enhancing foreign acquisitions. …

. -- FDI spillovers ; institutions ; SOE ; privatization ; China …We review previous literature on productivity spillovers of foreign direct investment (FDI) in China and conduct our … own analysis using a crosssection of firm data. We find that the evidence of FDI spillovers on the productivity of Chinese …

an ownership change. By contrast, there is some evidence that foreign acquisitions show higher employment growth in the …

). In particular, we find: (1) the presence of foreign direct investment (FDI) is associated with larger differences in the … wages and the quality of skilled workers between SOEs and private firms; and, (2) FDI presence is positively associated with … talent that facilitates positive FDI spillovers …

the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …