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
Bibliographic Details
- Publisher:
- National Bureau of Economic Research
- Volume:
- 5529
- Series:
- NBER Working Papers
- Host title:
- NBER Working Papers
- Place of publication:
- Inc, NBER Working Papers
- Publication date:
- 1996-01-01
- Paper number:
- 5529
Item Description
- Language:
- English
- UUID:
-
uuid:b53d1304-61df-4648-9b58-4912f0b46fb3
- Local pid:
- oai:economics.ouls.ox.ac.uk:12020
- Deposit date:
- 2011-08-16
Related Items
Terms of use
- Copyright date:
- 1996
If you are the owner of this record, you can report an update to it here: Report update to this record