Expropriation Risk and Technology - Foreign Direct Investment in Emerging Market Countries
5 Angebote vergleichen

Lieferung aus: Vereinigte Staaten von Amerika, Usually ships in 1-2 business days.
Von Händler/Antiquariat, Book Depository US.
My paper characterizes a dynamic relation between a firm and an impatient government that may expropriate the firm without legal punishment. The only sanction mechanism of the firm results from its productivity advantage in managing its assets. In this environment, I derive dynamics of investment and transfers and characterize the unique stationary allocation. The steady state features non-monotonic comparative statics of the government's payoff with respect to its relative production efficiency. While the reduced incentive problem associated with technological incompetence increases investment efficiency, the lower threat point limits the share of the surplus obtained by the government. Markov-type discount rate shocks of the government generate expropriation on the equilibrium path with low technology-intensive sectors at the top of the pecking order. Firms are able to mitigate the government's incentive to expropriate via non-horizontal integration. The model predictions are consistent with observed contracts between sovereign countries and foreign direct investors. Paperback, Етикет: VDM Verlag, VDM Verlag, Продуктова група: Book, Публикувани: 2009-05-28, Студио: VDM Verlag, Продажбата ранг: 15503071.

Lieferung aus: Deutschland, Безплатна доставка.
Von Händler/Antiquariat, Syndikat Buchdienst, [4235284].
My paper characterizes a dynamic relation between a firm and an impatient government that may expropriate the firm without legal punishment. The only sanction mechanism of the firm results from its productivity advantage in managing its assets. In this environment, I derive dynamics of investment and transfers and characterize the unique stationary allocation. The steady state features non-monotonic comparative statics of the government''s payoff with respect to its relative production efficiency. While the reduced incentive problem associated with technological incompetence increases investment efficiency, the lower threat point limits the share of the surplus obtained by the government. Markov-type discount rate shocks of the government generate expropriation on the equilibrium path with low technology-intensive sectors at the top of the pecking order. Firms are able to mitigate the government''s incentive to expropriate via non-horizontal integration. The model predictions are consistent with observed contracts between sovereign countries and foreign direct investors. 2009, Taschenbuch / Paperback, Neuware, 220 mm, 112, Internationaler Versand, Selbstabholung und Barzahlung, PayPal, offene Rechnung, Banküberweisung.

Lieferung aus: Kanada, Usually ships in 24 hours.
Von Händler/Antiquariat, Amazon.ca.
Paperback, Етикет: VDM Verlag, VDM Verlag, Продуктова група: Book, Публикувани: 2009-05-28, Студио: VDM Verlag.

Lieferung aus: Vereinigtes Königreich Großbritannien und Nordirland, Usually dispatched within 24 hours.
Von Händler/Antiquariat, Amazon.co.uk.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen

Lieferung aus: Vereinigtes Königreich Großbritannien und Nordirland, Usually dispatched within 3-4 business days, плюс доставката (ако доставят).
Von Händler/Antiquariat, langton_info_england.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen