International Joint Venture and Host-Country Policies
International Joint Venture and Host-Country Policies
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国际合资企业和东道国政策
DOI：
10.1111/1468-5876.t01-1-00065
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发表时间：
2003
期刊：
影响因子：
--
通讯作者：
S. Katayama
中科院分区：
文献类型：
--
作者：
Satya P. Das;S. Katayama
在存在国际合资企业的情况下，分析了外资股权上限、贸易保护和国内资源要求限制等政策对股权分享和福利的影响。外资持股上限降低了东道国的福利。贸易保护降低了当地公司的股权份额。随着公司内部效率的提高，它拥有一流的福利收益来源。此外，由于盈余的一部分流向了外国公司，因此存在泄漏效应导致的一阶损失。边际国内资源需求限制提高了企业和社会福利的共同盈余。
In the presence of international joint ventures, effects of policies like foreign equity cap, trade protection and domestic resource requirement restriction towards equity sharing and welfare are analysed. Foreign equity cap reduces host country's welfare. Trade protection lowers equity share for the local firm. It has a first-order source of welfare gain as the internal efficiency of the firm improves. Also, there is a first-order loss resulting from a leakage effect, since a part of the surplus goes to a foreign firm. A marginal domestic resource requirement restriction enhances the joint surplus of the venture and social welfare.