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environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of … challenge to MNEs' subsidiaries' activity and performance than tariffs do. High-tech manufacturing subsidiaries of foreign MNEs …
Persistent link: https://www.econbiz.de/10014474977
study the effect of reductions in tariffs and outward FDI taxes in both bilateral and unilateral contexts, examining steady …
Persistent link: https://www.econbiz.de/10014290157
We show that the static duopoly model in which firms choose between exporting and foreign direct investment is often a prisoners' dilemma game in which a switch from exporting to foreign direct investment reduces profits. By contrast, we show that when the game is repeated there is a range of...
Persistent link: https://www.econbiz.de/10010397721
We analyze tax competition between two countries of unequal size trying to attract a foreign-owned monopolist. When regional governments have only a lump-sum profit tax (subsidy) at their disposal, but face exogenous and identical transport costs for imports, then both countries will always...
Persistent link: https://www.econbiz.de/10010398203
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011288146
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011387739
A paradox in international trade is that multilateral trade liberalisation has resulted in increases in both the volume of world trade and the amount of foreign direct investment (FDI). This note presents a Cournot duopoly model with two regions, each consisting of two countries, and with an...
Persistent link: https://www.econbiz.de/10010288756
We develop a 2×2×2 model with the following features: (1) one sector is perfectly competitive while the other is oligopolistic; (2) one country has unemployment while the other attains full employment; (3) oligopolists move internationally; and (4) the ownership of each oligopolist is...
Persistent link: https://www.econbiz.de/10011564940
location patterns of multinational firms has actually taken place. To do so, we exploit the changes in U.S. import tariffs in … 2018-2019. The evidence indicates that firms have indeed responded to these new tariffs by adjusting the extensive margin …
Persistent link: https://www.econbiz.de/10015175239
developing and emerging countries over several years, merged with destination-product specific information on tariffs and non …-tariff measures is not isomorphic to that of tariffs: the pricing-to-market behavior we observe suggests that, while tariffs reduce …, tariffs, exchange rate, price discrimination …
Persistent link: https://www.econbiz.de/10014000842