search query: @author Haaland, J. / total: 2
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Author: | Haaland, J. Wooton, I. |
Title: | International competition for multinational investment |
Journal: | Scandinavian journal of economics
1999 : VOL. 101:4, p. 631-649 |
Index terms: | ECONOMICS COMPETITION INVESTMENT |
Language: | eng |
Abstract: | The authors examine the economic justification for providing investment subsidies to foreign-owned multinationals. These provide employment opportunities and generate demand for domestic intermediate inputs, produced by domestic workers with increasing returns to scale. Offering subsidies to multinationals may be in the national interest if the investment raises the net value of domestic production. |
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