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Migration of Firms, Home Bias and Economic Growth

Veröffentlicht/Copyright: 1. Juli 2011
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Global Economy Journal
Aus der Zeitschrift Global Economy Journal Band 11 Heft 2

This study analyzes the effects of government policies on the short-run and long-run movement of locally owned firms from a developed country to a less-developed country and on the output and growth rate of each country in the presence of home bias, a preference of firms and investors to operate in their home countries. The analysis uses a model which was developed for this purpose, in which growth is stemming from the increase in the number of firms. The study finds that for the less-developed country, harsh policy towards entering firms, such as taxing them in the form of requiring firms to grant partial ownership to local agents, results in better long-run economic performance, compared to free entry or subsidizing these firms, in addition to the harsh policy being less costly.

Keywords: firms; ownership; economic growth; overtaking; home bias
Published Online: 2011-7-1

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston

Artikel in diesem Heft

  1. Article
  2. FDI, Technology Spillovers, Growth, and Income Inequality: A Selective Survey
  3. The Offsetting Duty Norm and the Simultaneous Application of Countervailing and Antidumping Duties
  4. Migration of Firms, Home Bias and Economic Growth
  5. Do We Really Know That the WTO Increases Trade? Revisited
  6. What's New in Our World?
  7. A Review of the Crises
  8. Global Finance after the Crisis: Reform Imperatives and Vested Interests
  9. The Role of Employment Protection during an Exogenous Shock to an Economy
  10. Corporate Response to Global Financial Crisis: A Knowledge-Based Model
https://doi.org/10.2202/1524-5861.1639
Schlagwörter für diesen Artikel
firms; ownership; economic growth; overtaking; home bias

Artikel in diesem Heft

  1. Article
  2. FDI, Technology Spillovers, Growth, and Income Inequality: A Selective Survey
  3. The Offsetting Duty Norm and the Simultaneous Application of Countervailing and Antidumping Duties
  4. Migration of Firms, Home Bias and Economic Growth
  5. Do We Really Know That the WTO Increases Trade? Revisited
  6. What's New in Our World?
  7. A Review of the Crises
  8. Global Finance after the Crisis: Reform Imperatives and Vested Interests
  9. The Role of Employment Protection during an Exogenous Shock to an Economy
  10. Corporate Response to Global Financial Crisis: A Knowledge-Based Model
Heruntergeladen am 24.4.2026 von https://www.degruyterbrill.com/document/doi/10.2202/1524-5861.1639/html?lang=de
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