臺灣博碩士論文加值系統

在過去十年中，許多跨國企業想藉由設廠來投資海外的市場，以及提供商品給周邊鄰近的各國。本篇論文藉由一個簡單的產業內貿易模型探討存在市場大小和廠商生產成本不對稱下，貿易自由化對外國廠商直接投資決策(FDI)的影響。我們發現廠商不論是進行價格或是數量競爭，只有在貿易成本高時，有效率的外國廠商才有可能選擇在小市場進行直接投資。在在自由貿易的情況下，若兩廠商進行數量競爭，則兩家廠商均會選擇在大市場進行直接投資；若是在價格競爭下，有成本效率的（無效率的）廠商將選擇在大（小）市場設廠。由此可見，無論是在價格或數量競爭下，貿易自由化將不利於小市場吸引有效率的外國廠商至其國內設廠。

In the past decade, many multinational enterprises (MNEs) tend to invest overseas by building the plant and provide their merchandise to surrounding countries. The main purpose of this thesis is to investigate the effects of trade liberalization on foreign firms FDI decisions in the presence of different market sizes and cost asymmetry. This thesis considers both Bertrand and Cournot competition. We find that under both Bertrand and Count competition, the efficient foreign firm may choose to FDI in the small market if the trade cost is high. Under free trade, both firms will choose to FDI in the large market under Cournot competition. The cost-efficient (-inefficient) firm will locate at the large (small) market under Bertrand competition. That is to say, trade liberalization is harmful to the small market in acquiring the cost-efficient firm’s FDI under both Bertrand and Cournot competition.

Chinese Abstract iii
English Abstract iv
Contents v
Chapter 1 Introduction 1
1.1 Motivations 1
1.2 Literature Review 2
1.3 Contributions and Content 4
Chapter 2 Cournot Competition 6
2.1 Basic Model 6
Chapter 3 Bertrand Competition 13
3.1 The Model 13
Chapter 4 Conclusions 18
Appendix 20
References 21

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