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| Author: | Calzolari, G. |
| Title: | Incentive regulation of multinational enterprises |
| Journal: | International Economic Review
2004 : FEB, VOL. 45:1, p. 257-282 |
| Index terms: | Incentives Multinational companies Regulations |
| Language: | eng |
| Abstract: | Sectors with a long regulatory tradition have recently experienced intense activity by multinationals whose international operations and relocation threats represent a new cause for concern for regulators. A multinational serving two countries and being regulated by two national authorities is analyzed. The company is shown to favor, or cross-subsidize, the country with larger stake in the company's profit, and the linkage among national regulations may include unexpected effects on outputs. |
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