Strategic public housing and foreign direct investment

Kristof Dascher

No 200223, Working Papers from School of Economics, University College Dublin

Abstract: We suggest that public housing matters for FDI. We assume that FDI creates gains for some residents and losses for others. Losers from FDI will oppose FDI. To win support for FDI, local government may want to pay compensation in cash. In the paper’s model, however, cash payments are not successful. But public housing is. – Ultimately we argue that (1) public housing makes FDI more palatable where (2) cash transfers fail, so that (3) local government may choose to invest into public housing to overcome opposition against FDI.

Keywords: Public housing; Foreign direct investment; Public housing; Investments, Foreign; Housing policy; Migration, Internal (search for similar items in EconPapers)
JEL-codes: F23 H42 R23 (search for similar items in EconPapers)
Date: 2002-08
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:200223

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