Strategic Public Housing and Foreign Direct Investment
AbstractWe suggest that public housing matters for FDI. We assume that FDI creates gains for some residents and losses for others. Losers from FDI will oppose FDI. To win support for FDI, local government may want to pay compensation in cash. In the paper’s model, however, cash payments are not successful. But public housing is. – Ultimately we argue that (1) public housing makes FDI more palatable where (2) cash transfers fail, so that (3) local government may choose to invest into public housing to overcome opposition against FDI.
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Bibliographic InfoPaper provided by School Of Economics, University College Dublin in its series Working Papers with number 200223.
Length: 25 pages
Date of creation: 08 Oct 2002
Date of revision:
Public Housing; Foreign Direct Investment;
Find related papers by JEL classification:
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alesina, Alberto F & Rodrik, Dani, 1991.
"Distributive Politics and Economic Growth,"
CEPR Discussion Papers
565, C.E.P.R. Discussion Papers.
- Rodrik, Dani & Alesina, Alberto, 1994. "Distributive Politics and Economic Growth," Scholarly Articles 4551798, Harvard University Department of Economics.
- Alberto Alesina & Dani Rodrik, 1991. "Distributive Politics and Economic Growth," NBER Working Papers 3668, National Bureau of Economic Research, Inc.
- Bearse, P. & Glomm, G. & Janeba, E., 2000. "Why poor countries rely mostly on redistribution in-kind," Journal of Public Economics, Elsevier, vol. 75(3), pages 463-481, March.
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