Mode of foreign entry, technology transfer, and FDI policy

被引：95

作者：

Mattoo, A

Olarreaga, M

Saggi, K

机构：

[1] World Bank, Washington, DC 20433 USA

[2] CEPR, London, England

[3] So Methodist Univ, Dept Econ, Dallas, TX 75275 USA

来源：

JOURNAL OF DEVELOPMENT ECONOMICS | 2004年 / 75卷 / 01期

关键词：

foreign direct investment; technology transfer; investment policies;

D O I：

10.1016/j.jdeveco.2003.08.002

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Foreign direct investment (FDI) can take place either through the direct entry of foreign firms or the acquisition of existing domestic firms. The preferences of a foreign firm and a welfare-maximizing host country government over these two modes of FDI are examined in the presence of costly technology transfer. The trade-off between technology transfer and market competition emerges as a key determinant of preferences. The clash between the foreign firm's equilibrium choice and the local government's ranking of the two modes of entry can provide a rationale for some frequently observed FDI restrictions. (c) 2004 Elsevier B.V. All rights reserved.

引用

页码：95 / 111

页数：17

共 26 条

[11] THE LIMITS OF MONOPOLIZATION THROUGH ACQUISITION [J].