Imperfect Competition with Capital Flow and Foreign Direct Investment / 不完全競爭下的資本流動與海外直接投資

碩士 / 國立暨南國際大學 / 國際企業學系 / 90 / In this research, we investigate the capital flows with imperfect competition (monopolistic competition). Existing literature discussed capital flows, especially FDI, or imperfect competition separately. The determinants and the effects of FDI with monopolistic competition are also examined. Especially, we focus on the welfare effects and spillover effects of country sizes on economic growth with FDI. We develop a simple general equilibrium model of macroeconomics with goods market in imperfect competition. In this research, we adopt the assumption of the monopolistic competition because it is more realistic. In particular, we apply the monopolistic competition features to analyze the effects of government policies, such as: fiscal policy, taxation or government expenditure, capital controls, as well as the welfare evaluation and growth implication of FDI. In a word, it emphasizes: (1) the determinants of FDI (2) the effects of policies (3) the welfare effects and economic growth impacts of FDI.
On impact or in the long run, increases in domestic government expenditure reduce both countries’ welfare. It stimulates product quality innovation if two countries take expansion policies. The more foreign direct investment to home country, the more the innovation. Therefore, for raising the welfare of home country, the government should encourage foreign direct investment rather than limiting it.

Identiferoai:union.ndltd.org:TW/090NCNU0320012
Date January 2002
CreatorsWeng-Hsien Huang, 黃文顯
ContributorsFuhmei Wang, 王富美
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format66

Page generated in 0.0019 seconds