Multinational firms and the new trade theory /

A model is constructed in which multinational firms may arise endogenously. Multinationals exist in equilibrium when transport and tariff costs are high, incomes are high, and firm-level scale economies are important relative to plant-level scale economies. Less obvious, multinationals are more impo...

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Bibliographic Details
Main Author: Markusen, James R., 1948-
Corporate Author: National Bureau of Economic Research
Other Authors: Venables, Anthony J
Format: Book
Language:English
Published: Cambridge, Mass. : National Bureau of Economic Research 1995
Series:Working paper series ; no. 5036
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Online Access:http://www.nber.org/papers/w5036.pdf?new_window=1
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