Brunnschweiler, Christa N.; Valente, Simone - CER-ETH Center of Economic Research, Department of … - 2011
We analyze the effects of different regimes of control rights over critical resources on the total domestic income of … foreign control is never optimal, and assigning complete residual rights to foreign ?firms reduces domestic income. Two … testable predictions are derived. First, international partnerships tend to generate higher domestic income than foreign …