G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2854
DP2854 Price Stability with Imperfect Financial Integration
PIerpaolo Benigno
发表日期2001-06-18
出版年2001
语种英语
摘要Foreign direct investment (FDI) can take place either through the direct entry of foreign firms or the acquisition of existing domestic firms. The preferences of a foreign firm and the host country government over these two modes of FDI are examined in the presence of costly technology transfer. The trade-off between technology transfer and market competition emerges as a key determinant of preferences. The Paper identifies the circumstances in which the government and foreign firm's choices diverge, and how domestic welfare can be improved by restrictions on FDI which induce the foreign firm to choose the socially preferred mode of entry.
主题International Trade and Regional Economics
关键词Foreign direct investment Technology transfer Investment policies
URLhttps://cepr.org/publications/dp2854
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/531897
推荐引用方式
GB/T 7714
PIerpaolo Benigno. DP2854 Price Stability with Imperfect Financial Integration. 2001.
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