| dc.creator |
Görg, Holger |
|
| dc.date |
1998 |
|
| dc.date.accessioned |
2013-10-16T06:12:50Z |
|
| dc.date.available |
2013-10-16T06:12:50Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/1282 |
|
| dc.identifier |
ppn:258189940 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/1282 |
|
| dc.description |
This paper formalises the choice a firm has to face when entering a foreign market via FDI as between setting up an entirely new plant (greenfield investment) or acquiring an existing indigenous firm. Our results show that in an asymmetric duopoly situation a new entrant will normally be best off by acquiring an existing indigenous low-technology firm, thus, forming a duopoly with an indigenous high-technology firm. While in welfare terms the entry of the foreign firm damages the country in most cases, there exist some possibilities that welfare, particularly after a greenfield investment by the foreign firm, is higher than before entry, even when there is full profit repatriation. |
|
| dc.language |
eng |
|
| dc.publisher |
Dep. of Economics, Trinity College, University of Dublin Dublin |
|
| dc.relation |
Trinity Economic Papers Series, Technical Paper / Trinity College 1998,1 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
F23 |
|
| dc.subject |
L13 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Markteintritt |
|
| dc.subject |
Direktinvestition |
|
| dc.subject |
Duopol |
|
| dc.subject |
Wohlfahrtseffekt |
|
| dc.subject |
Theorie |
|
| dc.title |
Analysing foreign market entry: the choice between greenfield investment and acquisitions |
|
| dc.type |
doc-type:workingPaper |
|