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Strategic Public Housing and Foreign Direct Investment

Author

Listed:
  • Kristof Dascher

    (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.

Suggested Citation

  • Kristof Dascher, 2002. "Strategic Public Housing and Foreign Direct Investment," Working Papers 200223, School of Economics, University College Dublin.
    • Handle: RePEc:ucn:wpaper:200223
    as

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    File URL: http://www.ucd.ie/economics/research/papers/2002/WP02.23.pdf
    File Function: First version, 2002
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    References listed on IDEAS

    as
    1. Bearse, P. & Glomm, G. & Janeba, E., 2000. "Why poor countries rely mostly on redistribution in-kind," Journal of Public Economics, Elsevier, vol. 75(3), pages 463-481, March.
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    More about this item

    Keywords

    Public Housing; Foreign Direct Investment;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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