Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/136546
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dc.contributor.author | Schjelderup, G. | - |
dc.contributor.author | Stähler, F. | - |
dc.date.issued | 2021 | - |
dc.identifier.citation | Review of International Economics, 2021; 29(4):1013-1024 | - |
dc.identifier.issn | 0965-7576 | - |
dc.identifier.issn | 1467-9396 | - |
dc.identifier.uri | https://hdl.handle.net/2440/136546 | - |
dc.description.abstract | This paper shows that investor-state dispute settlements (ISDS) make multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also make potential compensations larger. Consequently, potential compensations to a foreign investor do not imply a zero-sum game. ISDS may decrease domestic welfare, in particular if the investment leads to the establishment of an export platform, and we find that even global welfare may decline. | - |
dc.description.statementofresponsibility | Guttorm Schjelderup, Frank Stähler | - |
dc.language.iso | en | - |
dc.publisher | Wiley | - |
dc.rights | © 2021 The Authors. Review of International Economics published by John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial- NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made. | - |
dc.source.uri | http://dx.doi.org/10.1111/roie.12532 | - |
dc.title | Investor-state dispute settlement and multinational firm behavior | - |
dc.type | Journal article | - |
dc.identifier.doi | 10.1111/roie.12532 | - |
dc.relation.grant | http://purl.org/au-research/grants/arc/DP190103524 | - |
pubs.publication-status | Published | - |
Appears in Collections: | Economics publications |
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hdl_136546.pdf | Published version | 236.28 kB | Adobe PDF | View/Open |
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