| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4589 |
| DP4589 Competition, Incomplete Discrimination and Versioning | |
| Jerome Pouyet; Khaled Diaw | |
| 发表日期 | 2004-09-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | This Paper empirically investigates two important determinants of international activity through wholly owned operations, joint-ventures and licensing, namely country risk and IPRs protection. Using a comprehensive database on investments in chemical plants during the period 1981-96, we show that higher levels of country risk are associated with less activity into recipient economies. The analysis also suggests that international activity with smaller resource commitment tends to be preferred in countries with higher levels of risk, and that multinational investment is more responsive to changes in risk conditions than indigenous investment. After controlling for several country characteristics, we do not find IPRs protection playing a significant role in fostering international activity or conditioning its mode. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Foreign direct investment Technology licensing Country risk Iprs protection Chemical industry |
| URL | https://cepr.org/publications/dp4589 |
| 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/533510 |
| 推荐引用方式 GB/T 7714 | Jerome Pouyet,Khaled Diaw. DP4589 Competition, Incomplete Discrimination and Versioning. 2004. |
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