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Tekijä: | Calzolari, G. |
Otsikko: | Incentive regulation of multinational enterprises |
Lehti: | International Economic Review
2004 : FEB, VOL. 45:1, p. 257-282 |
Asiasana: | Incentives Multinational companies Regulations |
Kieli: | eng |
Tiivistelmä: | 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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