• Subsidy Bidding Wars and the Structure of Multi-Plant Firms 

      Lapointe, Simon; Morand, Pierre-Henri
      VATT Working Papers : 115 (Valtion taloudellinen tutkimuskeskus, 22.01.2019)
      Governments spend large amounts of money to attract firms to their territory, often resulting from bidding wars against other regions. Previous papers show that such bidding wars can improve social welfare by allocating ...