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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Main Author: | Markusen, James R., 1948- |
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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 |
Subjects: | |
Online Access: | http://www.nber.org/papers/w5036.pdf?new_window=1 |
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