Competition for multiproduct firms

被引：0
|
作者：
Feng, Hong [1 ]
Ma, Jie [2 ,4 ]
Yue, Yang [3 ]
机构：
[1] Harbin Inst Technol Shenzhen, Sch Econ & Management, Shenzhen, Peoples R China
[2] Univ Int Business & Econ, Sch Int Trade & Econ, Dept Int Trade, Beijing, Peoples R China
[3] Xiamen Univ, Wang Yanan Inst Studies Econ, Sch Econ, Xiamen, Peoples R China
[4] Univ Int Business & Econ, Sch Int Trade & Econ, Dept Int Trade, 10 Huixin Dongjie, Beijing, Peoples R China
来源：
REVIEW OF INTERNATIONAL ECONOMICS | 2023年 / 31卷 / 03期
关键词：
cannibalization; FDI competition; import substitution; market size; welfare; POLICY COMPETITION; TAX COMPETITION; MARKET-SIZE; FOREIGN; TRADE;
D O I：
10.1111/roie.12648
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We use a first-price menu auction approach to studying a fiscal competition between two countries of different sizes to attract a foreign monopolist intending to supply two vertically differentiated products in a regional economy composed of the same two countries. Market size and cannibalization exclusively determine the firm's location choice. Though import substitution provides each country with an incentive to bid for FDI, this does not affect the firm's location decisions. As a result, fiscal competition for FDI only involves transfers between the host country/countries of FDI and the firm. We also report novel welfare effects of FDI competition.
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页码：904 / 930
页数：27
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