Showing 1 - 10 of 7,434
This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles … synchronized investment cycles. I also find that the relation between FDI integration and synchronization of gross domestic product … unambiguously increases investment synchronization while the effect on GDP synchronization is ambivalent. Due to mismeasurement of …
Persistent link: https://www.econbiz.de/10010482488
We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The … host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to … the provision of local resources. In the case of competition for local resources this dual commitment problem triggers …
Persistent link: https://www.econbiz.de/10010483889
Can multinational firms exert more power than national firms by influencing politics through lobbying? To answer this question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting...
Persistent link: https://www.econbiz.de/10010340558
This paper proposes and empirically implements a framework for analyzing industry competition and the degree of joint …
Persistent link: https://www.econbiz.de/10010336310
and capacity payments on investment incentives and market shares of both parties. While lower price caps reduce the …
Persistent link: https://www.econbiz.de/10010336260
We use a representative sample of German establishments to show that those with foreign ownership are more likely to use performance appraisal, profit sharing and employee share ownership than are those with domestic ownership. Moreover, we show that works councils are associated with an...
Persistent link: https://www.econbiz.de/10010341065
investment. We use newly available comprehensive panel data that we constructed from information collected by the German …
Persistent link: https://www.econbiz.de/10010481336
Persistent link: https://www.econbiz.de/10000678805
excess capacities that make competition more intense. One finds unstable cartels especially for low discount rates as these …
Persistent link: https://www.econbiz.de/10010343755
The literature on the licensing of an innovation has mainly focused on some specific contract types. We show within the framework of a fairly general model that removing these contractual limitations will lead to extreme market outcomes. Specifically, we find that when the patentee can employ...
Persistent link: https://www.econbiz.de/10010342889