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摘要
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This study develops a two-country policy
competition model for foreign direct investment between asymmetric countries.
It analyzes how firm ownership via foreign capital affects the investment
location choice of the foreign firm, and policy competition between the
potential host countries. The findings show that the inflow of foreign
capital changes the investment location choice of the foreign firm, as does policy competition between
the host countries. Further, an increase in the inflow of foreign capital to
a domestic firm in the host country heightens the country's attractiveness as
an investment location.
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