全球智库信息集成服务系统(G2TT): DP1837 Channelling Domestic Savings into Productive Investment Under Asymmetric Information: The Essential Role of Foreign Direct Investment

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP1837
	DP1837 Channelling Domestic Savings into Productive Investment Under Asymmetric Information: The Essential Role of Foreign Direct Investment
	Assaf Razin; Efraim Sadka; Chi-Wa Yuen
发表日期	1998-03-31
出版年	1998
语种	英语
摘要	The global pattern of foreign direct investment (FDI) is quite similar to the world trade pattern. In particular, intra-industry FDI between rich nations is almost as pervasive as intra-industry trade among rich nations. In the ?standard? multinational corporation (MNC) model (of Markusen, Venables, Brainard, and others), FDI is driven by a trade-off between proximity and scale, so firms typically supply the foreign market via exports or via FDI. The close correlation of two-way trade and investment flows is therefore difficult to explain with the standard model. We propose a model of multiproduct MNCs where firms simultaneously engage in intra-industry FDI and intra-industry trade.
主题	International Trade and Regional Economics
关键词	Foreign direct investment International investment International trade Multinational corporations
URL	https://cepr.org/publications/dp1837
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/530977
推荐引用方式 GB/T 7714	Assaf Razin,Efraim Sadka,Chi-Wa Yuen. DP1837 Channelling Domestic Savings into Productive Investment Under Asymmetric Information: The Essential Role of Foreign Direct Investment. 1998.