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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3404 |
DP3404 Why Vote for Losers? | |
Micael Castanheira | |
发表日期 | 2002-06-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | This Paper extends the theory of multinational corporations, identifying three distinct influences of internal trade liberalization by a group of countries on the level and pattern of inward foreign direct investment (FDI). First, the tariff-jumping motive encourages plant consolidation. Second, the export platform motive favours FDI with only a single union plant relative to exporting, and may induce a firm that has never exported to invest. Finally, reduced internal tariffs increase competition from domestic firms, which dilutes the other motives and may induce a ?Fortress Europe? outcome of multinationals leaving union markets even though external tariffs are unchanged. |
主题 | International Trade and Regional Economics |
关键词 | Foreign direct investment market integration Multinational corporations Single market |
URL | https://cepr.org/publications/dp3404 |
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/532426 |
推荐引用方式 GB/T 7714 | Micael Castanheira. DP3404 Why Vote for Losers?. 2002. |
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