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来源类型Working Paper
规范类型报告
DOI10.3386/w5529
来源IDWorking Paper 5529
The Theory of Endowment, Intra-Industry, and Multinational Trade
James R. Markusen; Anthony J. Venables
发表日期1996-04-01
出版年1996
语种英语
摘要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 raise world welfare (although not necessarily that of both countries). They also reduce the agglomeration forces that arise when international factor mobility is allowed.
主题International Economics ; Trade ; International Factor Mobility
URLhttps://www.nber.org/papers/w5529
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/562995
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James R. Markusen,Anthony J. Venables. The Theory of Endowment, Intra-Industry, and Multinational Trade. 1996.
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