RIEBセミナー
RIEB Seminar

日時：
(Date&Time)		 2010年8月12日（木）午後3時から （Thursday, August 12, 2010, 3:00pm〜）
＜3:00pm〜4:30pm＞
報告者：
(Speaker)		 趙　来勲（Laixun ZHAO）
所属：
(Affiliation)		 神戸大学経済経営研究所
(RIEB, Kobe University）
論題：
(Topic)		 Incentives for Team-Sports Competition
＜4:30pm〜6:00pm＞
報告者：
(Speaker)		 宮際　計行（Kazuyuki MIYAGIWA）
所属：
(Affiliation)		 エモリー大学経済学部
(Department of Economics, Emory University）
論題：
(Topic)		 Exporting versus Foreign Direct Investment: Learning through Propinquity
概要：
(Abstract)		 We examine a firm’s choice between exporting and foreign direct investment (FDI) under demand and cost uncertainty. FDI enables the foreign firm to meet shifting local demand more quickly, increasing profit. However, FDI means using local inputs, so when the foreign firm competes with the local firm, FDI correlates their costs, which proves harmful. We show that FDI is chosen when demand uncertainty is greater than cost uncertainty, and when the firms produce less similar products. When FDI is chosen, the local firm is harmed and host country welfare usually declines. These conclusions hold both in price and quantity competition.
会場：
(Place)		 神戸大学経済経営研究所　会議室（研究所新館2階）
RIEB Meeting Room (New Building 2nd floor)
対象：
(Intended Audience)		 教員、院生および同等の知識をお持ちの方
Faculty, Graduate Students and People with Equivalent Knowledge
使用言語：
(Language)		 英語
English
備考：
(Note)

論文のコピーは共同研究推進室にご用意いたします。
Copies of the paper will be available at Office of Promoting Research Collaboration.