R ormr 研討日期

20129110:20 ~ 13:00

研討地點

台灣大學社會科學院   26教室

題目

Market Entry and Foreign Direct Investment

作者

Frank Stahler

文獻出處

Working paper

報告人

林季萱

參加人員

黃鴻、梁文榮、林燕淑、王光正、陳宏易、張瑞雲、彭正浩、高國峯、陳金盛、林晏如、丁虹仁、王佳琪、鍾暳陵、林季萱、呂得成、周冰瑤、黃品錚、許至乙、施姵全

摘要

  This paper discusses the impact of foreign direct investment (FDI) on market entry and welfare. It assumes that firms may enter markets in the first period as national firms only. In the second period, however, FDI is possible. The paper demonstrates that FDI reduces market entry because equilibrium profits in the second period decline with a decrease in the fixed cost of FDI. Therefore, compared to a trade regime without any FDI, prices rise in the first period but decline in the second period. The paper shows, however, that FDI will unambiguously improve the discounted sum of consumer surplus.

備註

作者在  International Journal of Industrial Organization (2006) 發表的為一般式需求