ARE WHOLLY FOREIGN-OWNED ENTERPRISES BETTER THAN JOINT VENTURES

Authors
CHAO CC YU ESH
Citation
Cc. Chao et Esh. Yu, ARE WHOLLY FOREIGN-OWNED ENTERPRISES BETTER THAN JOINT VENTURES, Journal of international economics, 40(1-2), 1996, pp. 225-237
Citations number
11
Categorie Soggetti
Economics
Journal title
Journal of international economics → ACNP
ISSN journal
00221996
Volume
40
Issue
1-2
Year of publication
1996
Pages
225 - 237
Database
ISI
SICI code
0022-1996(1996)40:1-2<225:AWFEBT>2.0.ZU;2-4
Abstract
This paper provides a general equilibrium model for examining the indi vidual as well as the joint effects of export requirements and local e quity controls of multinational firms. The results suggest that for a small open economy under tariff protection, the desirable policy is 10 0% foreign ownership of subsidiaries, coupled with an export-share req uirement.