holds true, we construct a model of unionized duopoly and examine welfare implications of outward FDI by paying special … attention to the role of domestic competition. We find that the welfare effect of FDI is largely non-monotonic, and there are … indeed such things as 'excessive FDI.' We also show that, when FDI reduces welfare, this negative effect arises more at the …

holds true, we construct a model of unionized duopoly and examine welfare implications of outward FDI on the home country … welfare. There are two main findings. First, due to strategic interactions between the unions, the welfare effect of FDI can … serves to soften price competition between them. The analysis reveals that the welfare effect of outward FDI hinges …

to study its welfare effects. The market outcome crucially depends on the bargaining power attributed to the agents. I …

holds true, we construct a model of unionized duopoly and examine welfare implications of outward FDI on the home country …. It is found that the welfare effect of FDI is mostly non-monotonic: an asymmetric pattern of FDI, where only one firm … welfare, this negative effect arises more at the expense of consumers rather than the unions: in fact, quite contrary to the …

affect welfare. If firms also pursue Corporate Social Responsibility (CSR) objectives, input choices may be distorted already … employment if there is efficient bargaining. Importantly from a normative vantage point, such CSR objectives make a welfare …