About: A political economy perspective on horizontal FDI in a dynamic Cournot-oligopoly with endogenous entry

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An Entity of Type : schema:ScholarlyArticle, within Data Space : wasabi.inria.fr associated with source document(s)

Attributes	Values
type	Academic Article research paper schema:ScholarlyArticle
isDefinedBy	Covid-on-the-Web dataset
has title	A political economy perspective on horizontal FDI in a dynamic Cournot-oligopoly with endogenous entry
Creator	Goerke, Laszlo
Source	Elsevier; Medline; PMC
abstract	Abstract Entry in a homogeneous Cournot-oligopoly is excessive if and only if there is business-stealing (Amir et al., 2014). The excessive entry prediction has been derived primarily for closed economies and using a welfarist benchmark. We extend this framework and allow for (1) horizontal FDI in a multi-period setting and (2) interest group-based government behaviour. Opening the market to greenfield investments from abroad tends to aggravate the entry distortion. Moreover, market opening may reduce welfare if a more pronounced entry distortion dominates the gain in consumer surplus. Finally, a government, which places sufficiently little weight on the interests of consumers, will object to market opening, even if welfare rises.
has issue date	2020-05-01(xsd:dateTime)
bibo:doi	10.1016/j.ejpoleco.2020.101897
bibo:pmid	32362700
has license	els-covid
sha1sum (hex)	3f196e9de6de86f4fe8efbefcea64483407197d3
schema:url	https://doi.org/10.1016/j.ejpoleco.2020.101897
resource representing a document's title	A political economy perspective on horizontal FDI in a dynamic Cournot-oligopoly with endogenous entry
has PubMed Central identifier	PMC7194081
has PubMed identifier	32362700
schema:publication	Eur J Polit Econ
resource representing a document's body	covid:3f196e9de6de86f4fe8efbefcea64483407197d3#body_text
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