|
EconStor >
Helmut-Schmidt-Universität (HSU), Hamburg >
Fächergruppe Volkswirtschaftslehre, Helmut-Schmidt-Universität (HSU) >
Diskussionspapiere, Fächergruppe VWL, Helmut-Schmidt-Universität >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/23529
|
| | |
| Title: | | Foreign Direct Investment, Production, and Welfare  |
| Authors: | | Otto, Alkis Henri |
| Issue Date: | | 2003 |
| Series/Report no.: | | Diskussionspapier / Helmut-Schmidt-Universität Hamburg, Fächergruppe Volkswirtschaftslehre 11 |
| Abstract: | | We study the impact of foreign direct investment using a macroeconomic two-sector model of the small open economy with exible exchange rates and perfect capital mobility. The focus is on horizontal greenfield investment and its effects on production, exchange rates, exports, imports, and welfare. In the host country, FDI harms the established industries. Despite this incoming FDI increases welfare. In the home country, FDI lowers domestic output of the established industries, too, and decreases welfare. |
| Subjects: | | Foreign Direct Investment small open economy welfare effects |
| JEL: | | F21 F41 |
| Persistent Identifier of the first edition: | | urn:nbn:de:gbv:705-opus-1455 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Diskussionspapiere, Fächergruppe VWL, Helmut-Schmidt-Universität
|
| Files in This Item:
| |
| File |
Description |
Size | Format |
| paper11.pdf | | 283.09 kB | Adobe PDF |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/23529
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|