Showing 1 - 10 of 211
regulation in South. …
Persistent link: https://www.econbiz.de/10011084080
. They are unlikely to be consistent with models of optimal regulation. …
Persistent link: https://www.econbiz.de/10005498160
We study the regulation of a utility firm which is active in a competitive unregulated sector as well. If the firm … and quantity competition) and also optimal regulation. Accounting for the several effects of regulation on the unregulated … market, we show the existence of an informational externality, in that regulation provides useful information to the rival …
Persistent link: https://www.econbiz.de/10005124135
FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with...
Persistent link: https://www.econbiz.de/10005504277
I study the internal organization of production between the parent and the affiliate in the multinational corporation (MNC) and the extent to which it depends on the factor abundance of the destination country of the affiliates relative to the home country. I use a unique South Korean firm-level...
Persistent link: https://www.econbiz.de/10005504631
With a firm-level dataset, we study the location decision of all South Korean multinationals across China's regions … affiliates from South Korean multinationals. More importantly, we decompose these agglomeration effects into a pure agglomeration …
Persistent link: https://www.econbiz.de/10005498020
This paper applies a novel empirical approach to characterising the horizontal-ness and vertical-ness of affiliates based on Yeaple’s complex FDI concept. In its simplest form, horizontal-ness is measured as affiliates’ local sales share while their vertical-ness is measures as their share...
Persistent link: https://www.econbiz.de/10011083278
We study the significant variation in intrafirm versus arm’s-length trade with micro data. Exploiting the fact that Korean is an uncommon second language and that Korean culture is relatively homogenous, we show how intrafirm sourcing by South Korean affiliates abroad increases with their...
Persistent link: https://www.econbiz.de/10011083640
identified firm level estimates for the direct effect of foreign ownership on acquired firms and for the spillover effects on …
Persistent link: https://www.econbiz.de/10011084518
international technology market that multinationals enjoy, we find that these firms are not more likely to transfer technology to …
Persistent link: https://www.econbiz.de/10005656268