| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3760 |
| DP3760 Monopoly Pricing of 'Cyclical' Goods | |
| Ramon Caminal | |
| 发表日期 | 2003-02-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | This Paper suggests that the use of investment incentives focusing exclusively on foreign firms - although motivated in some cases from a theoretical point of view - is generally not an efficient way to raise national welfare. The main reason is that the strongest theoretical motive for financial subsidies to inward FDI ? spillovers of foreign technology and skills to local industry ? is not an automatic consequence of foreign investment. The potential spillover benefits are realized only if local firms have the ability and motivation to invest in absorbing foreign technologies and skills. To motivate subsidization of foreign investment, it is therefore necessary, at the same time, to support learning and investment in local firms as well. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Foreign direct investment Investment incentives |
| URL | https://cepr.org/publications/dp3760 |
| 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/532766 |
| 推荐引用方式 GB/T 7714 | Ramon Caminal. DP3760 Monopoly Pricing of 'Cyclical' Goods. 2003. |
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