Strategic trade policy and the home bias in firm ownership structure

Steffen Huck, Kai A. Konrad

In this note we consider the preferences of a profit maximizing firm for international ownership in a world in which firms compete in an international Cournot oligopoly, and in which countries use strategic trade policy. We find that firms prefer national ownership and show that full indigenisation occurs in the equilibrium.

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Year of publication:	March 2003
Authors:	Huck, Steffen ; Konrad, Kai A.
Publisher:	Munich : CESifo, Center for Economic Studies & Ifo Institute
Subject:	strategic trade \| international ownership \| Cournot oligopoly \| home bias \| Multinationales Unternehmen \| Transnational corporation \| Eigentümerstruktur \| Ownership structure \| Oligopol \| Oligopoly \| Internationaler Wettbewerb \| International competition \| Strategische Handelspolitik \| Strategic trade policy \| Theorie \| Theory

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Extent:	1 Online-Ressource (circa 18 Seiten)
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. no. 892
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/76410 [Handle]
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; D44 - Auctions ; F12 - Models of Trade with Imperfect Competition and Scale Economies ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L13 - Oligopoly and Other Imperfect Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011506470