| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2482 |
| DP2482 Special Interest Politics and Aid Fungibility | |
| Sajal Lahiri; Pascalis Raimondos | |
| 发表日期 | 2000-06-27 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | This paper sheds new light on why timing and entry mode should be considered simultaneously. We derive the profit levels at which it is optimal to switch from exporting to setting up a wholly owned subsidiary, creating a joint venture, or licensing production to a local firm. The preferred entry mode depends on uncertainty about future profits, tax differentials between the home and the foreign country, the cost advantages of local firms, institutional requirements, and the degree of cooperation between partners in a joint venture. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Irreversible investment Joint ventures Nash bargaining Tax policy Uncertainty |
| URL | https://cepr.org/publications/dp2482 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531559 |
| 推荐引用方式 GB/T 7714 | Sajal Lahiri,Pascalis Raimondos. DP2482 Special Interest Politics and Aid Fungibility. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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