EB with Andreas 2015 published version with append.pdf (1.03 MB)
Download fileOn the efficiency of fiscal competition for FDI when incumbent firms are foreign-owned
journal contribution
posted on 2016-06-23, 12:30 authored by Ben FerrettBen Ferrett, Andreas HoefeleWe show that the international distribution of ownership of the incumbent firms within a host region matters for the efficiency of the fiscal competition between the region's constituent countries for a new FDI project. If incumbent firms are owned entirely within the host region, then the new plant's location will be efficient. However, when incumbent firms are owned outside the host region and the degree of such extra-regional ownership varies substantially across the competing host countries-as it does in the data-then inefficient locations might win contests for new plants.
History
School
- Business and Economics
Department
- Economics
Published in
Economics BulletinVolume
35Issue
1Pages
694 - 701Citation
FERRETT, B. and HOEFELE, A., 2015. On the efficiency of fiscal competition for FDI when incumbent firms are foreign-owned. Economics Bulletin, 35 (1), pp. 694 - 701Publisher
Economics BulletinVersion
- VoR (Version of Record)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
2015Notes
This article was published in the journal, Economics Bulletin.eISSN
1545-2921Publisher version
Language
- en