全球智库信息集成服务系统(G2TT): DP5784 A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP5784
	DP5784 A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns
	Ravi Kanbur; Nancy H Chau; Arnab K Basu
发表日期	2006-08-03
出版年	2006
语种	英语
摘要	We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which is originally situated in only one of the two countries, first decide whether to build a plant in the foreign country. Then, they decide whether to relocate R&D activities. Finally, they engage in product-market competition. Our main points are: first, FDI liberalization causes a relocation of R&D activities if intrafirm communication is sufficiently well developed, external spillovers are substantial, competition is not too strong and foreign markets are not too small. Second, such a relocation of R&D activities will usually nevertheless increase domestic welfare since it only occurs if intrafirm communication is well developed and therefore knowledge generated and obtained abroad flows back to the domestic country. Third, the potential of R&D offshoring makes FDI itself more likely. Fourth, when countries are asymmetric, the small-country firm is more likely to offshore its R&D activities into the large country than conversely.
主题	Industrial Organization
关键词	Foreign direct investment R&d Spillovers Research relocation
URL	https://cepr.org/publications/dp5784
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/534619
推荐引用方式 GB/T 7714	Ravi Kanbur,Nancy H Chau,Arnab K Basu. DP5784 A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns. 2006.