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We suggest a novel perspective on the relationship between the stringency of environmental policies and foreign direct investment (FDI). We develop a political economy model with imperfect product market competition where local and foreign firms jointly lobby the local government for a favorable...
Persistent link: https://www.econbiz.de/10014058443
We suggest a novel perspective on the relationship between the stringency of environmental policies and foreign direct investment (FDI). We develop a political economy model with imperfect product market competition where local and foreign firms jointly lobby the local government for a favorable...
Persistent link: https://www.econbiz.de/10014027735
We develop a structural framework that allows us to quantify the evolution of aggregate bilateral trade costs and markups over time. With minimal assumptions, we can disentangle aggregate markup and trade cost changes from observed changes in trade flows. We apply our method to trade data...
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This paper examines whether a Northern firm prefers to export or to engage in FDI to serve the South. If the firm engages in FDI, its technology is imitated, and a Southern firm enters the market that may sell in both markets. The Northern firm may invest to prevent product piracy in the North....
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Previous studies have established a negative relationship between total government spending and entrepreneurship …. By combining macroeconomic government spending data with individual-level entrepreneurship data, the analysis finds a … entrepreneurship while confirming a negative relationship between total government consumption and entrepreneurial activity. The …
Persistent link: https://www.econbiz.de/10012972270