Winners and losers from an international investment agreement
Recent attempts at reaching an international investment agreement have been met with considerable opposition and failed. An important reason for this failure is the diverging interests between the parties involved. The present paper focuses on the interests of host countries, with difference in market size as the source of conflict. We analyse the welfare effects of an international investment agreement as a function of the intensity of technological spillovers, the technology gap between the investor and host country firms, intra-regional trade costs, and the difference in market size.
|Date of creation:||2003|
|Date of revision:|
|Contact details of provider:|| Postal: P.O. Box 6033, N-5020 Bergen|
Phone: +47 55 57 40 00
Fax: +47 55 57 41 66
Web page: https://www.cmi.no
More information through EDIRC
References listed on IDEAS
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.:
- Fumagalli, Chiara, 2003. "On the welfare effects of competition for foreign direct investments," European Economic Review, Elsevier, vol. 47(6), pages 963-983, December.
- Barros, Pedro P & Cabral, Luis, 2000. "Competing for Foreign Direct Investment," Review of International Economics, Wiley Blackwell, vol. 8(2), pages 360-71, May.
- Nunnenkamp, Peter & Pant, Manoj, 2003. "Why the case for a multilateral agreement on investment is weak," Kiel Discussion Papers 400, Kiel Institute for the World Economy (IfW).
- Blomström, Magnus & Kokko, Ari, 1996.
"Multinational Corporations and Spillovers,"
SSE/EFI Working Paper Series in Economics and Finance
99, Stockholm School of Economics.
- Wolfgang Keller, 2001.
"International Technology Diffusion,"
NBER Working Papers
8573, National Bureau of Economic Research, Inc.
- Audretsch, David B & Feldman, Maryann P, 1996. "R&D Spillovers and the Geography of Innovation and Production," American Economic Review, American Economic Association, vol. 86(3), pages 630-40, June.
When requesting a correction, please mention this item's handle: RePEc:chm:wpaper:wp2003-11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Robert Sjursen)
If references are entirely missing, you can add them using this form.