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產經系 高國峯 副教授於
期刊論文
發佈
Foreign direct investment, input prices, and host country welfare
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[107-2]
：Foreign direct investment, input prices, and host country welfare期刊論文Foreign direct investment, input prices, and host country welfareKuo-Feng Kao; Chin-Sheng ChenReview of International Economics 27(1), p.36-60This paper analyzes a multinational firm’s foreign direct investment decision, through either greenfield investment or cross‐border merger and acquisition, into a host country with an input monopoly that adopts either uniform pricing or discriminatory pricing. The optimal foreign entry mode could differ under each pricing policy. Under Cournot competition, firms’ technological gap and the initial local market structure are critical to the choice of foreign entry mode, whereas product substitutability is important under Bertrand competition. In the presence of foreign entry, this paper also examines the welfare effects of input price discrimination for the host country.en_US國外SSCI;是USA
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