Regulatory Investment Incentives

Valpy FitzGerald

QEH Working Papers from Queen Elizabeth House, University of Oxford

Abstract: This paper examines recent policy issues relating to foreign investment incentives in the regulatory domain. By 'regulatory incentives' in this context we mean those administrative conditions offered by governments to foreign firms other than special fiscal (eg tax) or financial (eg subsidies) treatment. The key issue addressed in this paper is whether competition between host countries for inward investment on the basis of their regulatory regimes has any effect on the level and 'quality' (technology, stability, employment etc) of that investment on the one hand. And on the other hand, whether such competition between countries leads to a welfare loss to that country and other OECD members or non-members. Section 2 examines the economic principles involved in the analysis of the impact of regulatory incentives on the investment decision of the international firm; where the predictability of future regulatory policy can be as significant to investment decisions as the particular standard enforced. Section 3 explores three current issue areas in relation to regulatory incentives at the national level: (i) property rights and market access rules; (ii) environmental protection; and (iii) labour standards. Section 4 addresses the existing international codes and agreements that might provide an alternative to, or support for, national regulatory arrangements and overcome the co-ordination problem. Section 5 concludes with some suggestions as to a possible agenda for policy research.

New Economics Papers: this item is included in nep-afr and nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://workingpapers.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps80.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to workingpapers.qeh.ox.ac.uk:80 (A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qeh:qehwps:qehwps80

Access Statistics for this paper

More papers in QEH Working Papers from Queen Elizabeth House, University of Oxford Queen Elizabeth House 3 Mansfield Road, Oxford, OX1 3TB United Kingdom. Contact information at EDIRC.
Bibliographic data for series maintained by IT Support (it-support@qeh.ox.ac.uk).