Should R&D policies within an economic union be centralized or decentralized to each individual country? Do non-cooperative policies - typically implying policy competition between countries - always give rise to too high ...

We study how the labour market and industry uncertainty affect the investment decisions of multinational enterprises (MNEs). In an uncertain business climate, MNEs must take account of the future in deciding where to locate ...

Do we need a multilateral agreement for policies towards international investments similar to the trade agreements that exist? Foreign direct investments (FDI) play an important role in the international economy, and in ...

Denne rapporten belyser hvordan globaliseringen vil påvirke norsk næringsstruktur og utenrikshandel de neste 50 årene. Globalisering fører til at Norge vil stå overfor en helt ny utenriksøkonomi. De vestlige lands handel ...

Denne rapporten er resultatet av et prosjekt gjennomført ved Senter for Internasjonal Økonomi og Skipsfart (SIØS), SNF, for Nærings- og handelsdepartementet. Formålet med prosjektet har vært å fokusere på sentrale ...

We examine the economic justification for providing investment subsidies to foreign-owned multinationals. These provide employment opportunities and generate demand for domestic intermediate inputs, produced by domestic ...

Although many countries welcome inward investments by multinational firms (MNEs), it is often perceived that MNEs readily close down production in bad times. We study the choice of an MNE in deciding whether to establish ...

We set up a simple trade model with two countries hosting one firm each. The firms invest in cost-reducing R&D, and each government may grant R&D subsidies to the domestic firm. We show that it is optimal for a government ...

This paper uses a full-scale CGE-model - calibrated on 1992 data - to investigate the effects of European integration on the location of industrial production. Our results reveal large differences among individual ...