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A political economy perspective on horizontal FDI in a dynamic Cournot-oligopoly with endogenous entry()
Entry in a homogeneous Cournot-oligopoly is excessive if and only if there is business-stealing (Amir et al., 2014). The excessive entry prediction has been derived primarily for closed economies and using a welfarist benchmark. We extend this framework and allow for (1) horizontal FDI in a multi-pe...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Elsevier B.V.
2020
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7194081/ https://www.ncbi.nlm.nih.gov/pubmed/32362700 http://dx.doi.org/10.1016/j.ejpoleco.2020.101897 |