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Equity Control of Multinational Firms: Effects on Resource Allocation and National Welfare

机译:跨国公司的股权控制:对资源分配和国民福利的影响

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摘要

In this paper, we re-examine the effects of equity control of multinational firms on resource allocation and national welfare in a model with rural-urban migration and urban unemployment. A large number of recipient (host) countries are developing countries with dual economies. We indicate, among other things, that a restriction on multinational investment may lower the unemployment rate and increase the total employment in the host country. Furthermore, we find that the restriction on multinational investment raises the national welfare in the host economy if the tariff imposed on imports is sufficiently large and the difference between domestic and foreign capital rental is sufficiently small.
机译:在本文中,我们以城乡移民和城市失业为模型,重新检验了跨国公司的股权控制对资源分配和国民福利的影响。大量接受国(东道国)是具有双重经济的发展中国家。我们指出,除其他外,限制跨国投资可能降低失业率并增加东道国的总就业。此外,我们发现,如果对进口产品征收的关税足够大,而国内外资本租赁之间的差异也足够小,那么对跨国投资的限制就会提高东道国的国民福利。

著录项

  • 来源
    《Review of development economics》 |2010年第1期|93-102|共10页
  • 作者

    Hamid Beladi; Shigemi Yabuuchi;

  • 作者单位

    Department of Economics, College of Business, University of Texas at San Antonio, San Antonio, TX 78249, USA;

    Department of Economics, Aichi University, Machihata, Toyohashi, Aichi 441-8622, Japan;

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  • 正文语种 eng
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