共 11 条
Are wholly foreign-owned enterprises better than joint ventures?
被引:22
作者:
Chao, CC
Yu, ESH
机构:
[1] CHINESE UNIV HONG KONG,DEPT DECIS SCI & MANAGERIAL ECON,SHATIN,HONG KONG
[2] OREGON STATE UNIV,DEPT ECON,CORVALLIS,OR 97331
关键词:
joint venture;
equity control;
export-share requirements;
D O I:
10.1016/0022-1996(95)01382-2
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This paper provides a general equilibrium model for examining the individual as well as the joint effects of export requirements and local equity controls of multinational firms. The results suggest that for a small open economy under tariff protection, the desirable policy is 100% foreign ownership of subsidiaries, coupled with an export-share requirement.
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页码:225 / 237
页数:13
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