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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5886 |
来源ID | Working Paper 5886 |
Business Groups and Trade in East Asia: Part 1, Networked Equilibria | |
Robert C. Feenstra; Deng-Shing Huang; Gary G. Hamilton | |
发表日期 | 1997 |
出版年 | 1997 |
语种 | 英语 |
摘要 | We propose an economic model of business groups that allows for the cooperative behavior of groups of firms, where the number and size of each group is determined endogenously. In this framework, more than one configuration of groups can arise in equilibrium: several different types of business groups can occur, each of which is consistent with profit-maximization and is stable. This means that the economic logic does not fully determine the industrial structure, leaving scope for political and sociological factors to have a lasting influence. In a companion paper, we argue that the differing structures of business groups found in South Korea, Taiwan and Japan fit the stylized results from the model, and contrast the impact of these groups on the product variety of their country exports to the United States. |
主题 | International Economics ; Trade ; Microeconomics ; Households and Firms |
URL | https://www.nber.org/papers/w5886 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563380 |
推荐引用方式 GB/T 7714 | Robert C. Feenstra,Deng-Shing Huang,Gary G. Hamilton. Business Groups and Trade in East Asia: Part 1, Networked Equilibria. 1997. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w5886.pdf(1347KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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