کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5104219 1480751 2017 7 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Relationship between FDI, foreign ownership restrictions, and technology transfer in the resources sector: A derivation approach
موضوعات مرتبط
مهندسی و علوم پایه علوم زمین و سیارات زمین شناسی اقتصادی
پیش نمایش صفحه اول مقاله
Relationship between FDI, foreign ownership restrictions, and technology transfer in the resources sector: A derivation approach
چکیده انگلیسی
In various industries, multinational companies are the dominant players while local firms play a less prominent role. We consider such an industry and develop a model in which foreign multinationals strategically interact in technology transfer and compete in the product market stage. Furthermore, we analyze the welfare implications of often observed FDI policy measures. We find that the cost of technology transfer provides a possible rationale for why in practice FDI crowding out effects are often smaller in less developed countries.We also find that foreign ownership restrictions may reduce FDI crowding-out effects. However, the net effect of these restrictions on host country welfare will be negative. Finally, we find that, in industries with low levels of product market competition (e.g. the natural resources sector), the government may improve welfare by taking away the joint venture equity share of the domestic firm.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Resources Policy - Volume 52, June 2017, Pages 320-326
نویسندگان
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