Showing 81 - 90 of 117,110
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011288486
We analyze tax competition between two countries of unequal size trying to attract a foreign-owned monopolist. When regional governments have only a lump-sum profit tax (subsidy) at their disposal, but face exogenous and identical transport costs for imports, then both countries will always...
Persistent link: https://www.econbiz.de/10009623404
complemented by mechanisms for promoting the international transfer of clean technologies. Welfare implications are also discussed. …
Persistent link: https://www.econbiz.de/10010357958
We show that the static duopoly model in which firms choose between exporting and foreign direct investment is often a prisoners' dilemma game in which a switch from exporting to foreign direct investment reduces profits. By contrast, we show that when the game is repeated there is a range of...
Persistent link: https://www.econbiz.de/10010126805
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011386602
This paper uses micro-data from the World Bank Enterprise Surveys 2002-2006 to investigate how foreign ownership affects the likelihood of manufacturers in developing countries to export and/or import. Applying propensity score matching to control for differences across firms in terms of labor...
Persistent link: https://www.econbiz.de/10010496200
Empirical evidence shows that an increase in trade liberalisation causes an increase in foreign direct investments (FDIs). Here we propose an explanation to this apparent puzzle by exploiting the intensity of competition in a Bertrand duopoly with convex costs where the two firms enter in a new...
Persistent link: https://www.econbiz.de/10011731498
economics. The model shows that services liberalization yields welfare gains several multiples of the welfare gains obtained … from a constant to returns to scale model. Further, the welfare gains are supported by the econometric estimates of the … find that the projected welfare gains generated from liberalization of barriers against foreign direct investment are about …
Persistent link: https://www.econbiz.de/10014025285
quantitative estimates to the perfectly competitive version. For instance, a bilateral trade liberalisation gives welfare gains …
Persistent link: https://www.econbiz.de/10013503390
One of the main challenges when analyzing multinational firms (MNEs) is that this group is comprised of a rich variety of firms engaged in a spectrum of activity. In response to the separate models describing one type of MNE or another, the Knowledge Capital model was developed in order to...
Persistent link: https://www.econbiz.de/10014575223