Working paper icon

Working paper

The Theory of Endowment, Intra-Industry, and Multinational Trade.

Abstract:

We consider a trade model combining a 2x2x2 Heckscher-Ohlin structure, monopolistic competition, transport costs, and multinational corporations. We demonstrate how the mix of national and multinational firms that operate in equilibrium depends on technology and on the division of the world endowment between countries. Multinationals are more likely to exist the more similar are countries in both relative and absolute endowments. Where multinationals exist they reduce the volume of trade and ...

Expand abstract

Actions


Authors


Volume:
5529
Publication date:
1996-01-01
URN:
uuid:b53d1304-61df-4648-9b58-4912f0b46fb3
Local pid:
oai:economics.ouls.ox.ac.uk:12020
Language:
English

Terms of use


Metrics


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP