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Partial Privatization of State Holding Corporations
(Departamento Fundamentos del Análisis Económico I, 2016-06)
We consider a state holding corporation with two plants that may produce complement or substitute goods and that compete with one or two private firms. We find that the government partially privatizes the two plants of the ...
Relocation and Investment in R&D by Firms
(2011)
The literature on foreign direct investment has analyzed firms’ location decisions when they invest in R&D to reduce production costs. Such firms may set up new plants in other developed countries while maintaining
their ...