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even further. A range of trade costs is identified where economic integration raises the welfare of the small country, but … lowers welfare in the large country. …
Persistent link: https://www.econbiz.de/10010264114
We examine how the bidding environment may affect the outcome of tax competition between two countries (or two regions) in attracting a firm's foreign direct investment (FDI).We compare the equilibrium location choice and payoffs from an English auction, with both complete and incomplete...
Persistent link: https://www.econbiz.de/10010270462