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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8400 |
来源ID | Working Paper 8400 |
Attracting FDI in a Politically Risky World | |
Eckhard Janeba | |
发表日期 | 2001-07-01 |
出版年 | 2001 |
语种 | 英语 |
摘要 | Conventional wisdom holds that lack of government commitment deters foreign investment in developing countries. Yet this explanation is not convincing because some econometric studies have found little support for the role of political risk and host governments can offer upfront subsidies that compensate foreign investors for their sunk cost. This paper shows that a second commitment problem upsets the argument. A multinational firm cannot credibly commit to invest in only one country. Since countries differ in production costs and government credibility, this paper explains the pattern of investment in a politically risky world. |
主题 | International Economics ; International Factor Mobility ; Public Economics ; Taxation |
URL | https://www.nber.org/papers/w8400 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566002 |
推荐引用方式 GB/T 7714 | Eckhard Janeba. Attracting FDI in a Politically Risky World. 2001. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w8400.pdf(3356KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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