| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP2574
|
| DP2574 Regulatory Protectionism, Developing Nations and a Two-Tier World Trade System |
| Richard Baldwin
|
| 发表日期 | 2000-10-24
|
| 出版年 | 2000
|
| 语种 | 英语
|
| 摘要 | This paper presents a simple model of the interaction between two firms, based in different countries, each of which faces the export v MNE choice concerning the serving of each other?s home market. The basic game structure is similar to that elsewhere in the literature (Horstmann & Markusen (1992), and Rowthorn (1992)). To this, I add a further choice: investment in a new technology that allows a corporate-wide reduction in variable costs (i.e. cost reducing R&D). In the presence of such corporate-wide investment, the firms? decisions concerning each other?s home markets are interdependent. Furthermore, strategic motives for foreign direct investment (FDI) relate not only to a firm?s foreign market profits, but also to those from their domestic market. This is because one firm?s export v MNE choice can influence both its rival?s choice and investment behaviour. One possibility is that a firm sets up a plant overseas in order to influence the behaviour of its rival, even though its profits from serving the foreign market would be higher by exporting. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Foreign direct investment
Multinational enterprise
Strategic choice
|
| URL | https://cepr.org/publications/dp2574
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531643
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推荐引用方式
GB/T 7714 |
Richard Baldwin. DP2574 Regulatory Protectionism, Developing Nations and a Two-Tier World Trade System. 2000.
|
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