全球智库信息集成服务系统(G2TT): DP3817 Land Inequality and the Origin of Divergence and Overtaking in the Growth Process: Theory and Evidence

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来源类型	Discussion paper
规范类型	论文
来源ID	DP3817
	DP3817 Land Inequality and the Origin of Divergence and Overtaking in the Growth Process: Theory and Evidence
	Oded Galor; Omer Moav; Dietrich Vollrath
发表日期	2003-03-23
出版年	2003
语种	英语
摘要	Export-platform foreign direct investment in which the affiliate?s output is (largely) sold in third markets rather than in the parent or host markets has received empirical attention recently, but little theoretical analysis. This Paper is an attempt to make some sense of this phenomenon. We use a three-region model in which there are two identical, large, high-cost economies and a small low-cost economy. Pure export-platform production arises in a symmetric case, when a firm in each of the high-cost economies has a plant at home, and a plant in the low-cost country (the South) to serve the other high-cost country. This occurs when trade costs for intermediates (components) and plant-fixed costs are moderate and the South has a moderate cost advantage in assembly. Another interesting and empirically important case arises when there is trade liberalization between one of the high-cost countries and the small, low-cost country. The outside high-cost country may wish to build a branch plant inside the free trade area due to market size, but chooses the low-cost country on the basis of cost. Or a firm headquartered in the large country inside the free-trade area might build a single plant in its low-wage partner in order to serve their joint free-trade area and to export to the outside high-cost country.
主题	International Trade and Regional Economics
关键词	Multinational firms Playform-fdi
URL	https://cepr.org/publications/dp3817
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/532809
推荐引用方式 GB/T 7714	Oded Galor,Omer Moav,Dietrich Vollrath. DP3817 Land Inequality and the Origin of Divergence and Overtaking in the Growth Process: Theory and Evidence. 2003.