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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w7163 |
来源ID | Working Paper 7163 |
Multinational Firms: Reconciling Theory and Evidence | |
James R. Markusen; Keith E. Maskus | |
发表日期 | 1999-06-01 |
出版年 | 1999 |
语种 | 英语 |
摘要 | An important component of Robert Lipsey's work has been his research on multinational firms, and his careful documentation of their behavior in terms of production and intra-firm trade. In this paper, we extend recent theory referred to as the knowledge-capital model', which simultaneously generates motives for both horizontal and vertical multinational production. We use this model to derive predictions about foreign affiliates' pattern of production for local markets versus production for exports as functions of country characteristics such as market sizes, size differences, and relative endowment differences. These predictions are then taken to data on affiliate production and trade. Results confirm several hypotheses. The ratio of production for export sales to production for local sale by affiliates of foreign multinationals depends negatively on market size, investment and trade costs in the host country, and positively on the relative skilled-labor abundance of the parent country (skilled-labor scarcity of the host country). |
主题 | International Economics ; Trade ; International Factor Mobility |
URL | https://www.nber.org/papers/w7163 |
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/564698 |
推荐引用方式 GB/T 7714 | James R. Markusen,Keith E. Maskus. Multinational Firms: Reconciling Theory and Evidence. 1999. |
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 | ||
w7163.pdf(270KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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