Dijkstra, Bouwe; Mathew, Anuj; Mukherjee, Arijit - In: Journal of Economics 114 (2015) 3, pp. 271-290
/subsidy policies, we analyze the interaction between privatization and FDI. We find that the incentive for FDI increases with … privatization. However, the possibility of FDI reduces the degree of privatization. Our paper shows that FDI policies reducing the … fixed-cost of undertaking FDI may need to complement the privatization policies to attract FDI and to improve domestic …