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Are wholly foreign-owned enterprises better than joint ventures?

Version 2 2024-06-18, 01:38
Version 1 2017-07-26, 12:19
journal contribution
posted on 2024-06-18, 01:38 authored by C-C Chao, ESH Yu
This paper provides a general equilibrium model for examining the individual as well as the joint effects of export requirements and local equity controls of multinational firms. The results suggest that for a small open economy under tariff protection, the desirable policy is 100% foreign ownership of subsidiaries, coupled with an export-share requirement.

History

Journal

Journal of international economics

Volume

40

Pagination

225-237

Location

Amsterdam, The Netherlands

ISSN

0022-1996

eISSN

1873-0353

Language

eng

Publication classification

C1.1 Refereed article in a scholarly journal

Copyright notice

1996, Elsevier

Issue

1-2

Publisher

Elsevier

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