ECIN Replication Package for "Global Digital Platforms, Technology Transfer and FDI Policies in Two-Sided Markets"

Code and data for the paper titled: "Global Digital Platforms, Technology Transfer and FDI Policies in
Two-Sided Markets". <br>This paper examines the preferences of a
foreign firm and a host country government over two modes of FDI in two-sided
markets: de novo entry (through the establishment of a new platform) and
acquisition of the domestic incumbent platform. Technology transfer, cross-side
network externalities and platform service differentiation determine the
ranking of the host country welfare gains and the entrant’s profits under the
two entry modes. In the case where the foreign entrant and the host government
disagree over the entry modes ranking, asymmetric foreign equity restrictions
can induce the welfare-optimal choice of the entry mode by the foreign firm.

本配套代码与数据集源自题为"双边市场中的全球数字平台、技术转移与外国直接投资（Foreign Direct Investment，FDI）政策"的学术论文。本文探讨双边市场情境下，外国企业与东道国政府针对两类外国直接投资模式的偏好：一是通过新建平台实现的全新进入（de novo entry），二是收购本土在位平台的并购进入。技术转移、跨边网络外部性与平台服务差异化，决定了两种进入模式下东道国福利收益与进入企业利润的排序逻辑。当外国进入企业与东道国政府在进入模式的偏好排序上存在分歧时，非对称外资股权限制可引导外国企业做出福利最优的进入模式选择。