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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2854 |
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 |
URL | https://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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