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• W3021889386 abstract "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-period setting and (2) interest group-based government behaviour. Opening the market to greenfield investments from abroad tends to aggravate the entry distortion. Moreover, market opening may reduce welfare if a more pronounced entry distortion dominates the gain in consumer surplus. Finally, a government, which places sufficiently little weight on the interests of consumers, will object to market opening, even if welfare rises." @default.
• W3021889386 created "2020-05-13" @default.
• W3021889386 creator A5078171253 @default.
• W3021889386 date "2020-06-01" @default.
• W3021889386 modified "2023-10-10" @default.
• W3021889386 title "A political economy perspective on horizontal FDI in a dynamic Cournot-oligopoly with endogenous entry" @default.
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• W3021889386 doi "https://doi.org/10.1016/j.ejpoleco.2020.101897" @default.
• W3021889386 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/7194081" @default.
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