haku: @indexterm COMPETITION / yhteensä: 3278
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| Tekijä: | Fumagalli, C. |
| Otsikko: | On the welfare effects of competition for foreign direct investments |
| Lehti: | European Economic Review
2003 : DEC, VOL. 47:6, p. 963-983 |
| Asiasana: | Multinational companies Competition Foreign investment Direct investment Location of industry Welfare economics |
| Vapaa asiasana: | FDI |
| Kieli: | eng |
| Tiivistelmä: | This paper investigates welfare effects of subsidy competition for the location of a multinational enterprise. One of the competing regions benefits more from the inward investment but, in the absence of incentives, the multinational's preferred location is the other, more advanced region. The paper shows that subsidies, by making the multinational switch location, may increase aggregate welfare. The paper shows also among others that the welfare increasing role of incentives may be amplified. |
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