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来源类型Working Paper
规范类型报告
DOI10.3386/w8334
来源IDWorking Paper 8334
General-Equilibrium Approaches to the Multinational Firm: A Review of Theory and Evidence
James R. Markusen; Keith E. Maskus
发表日期2001-06-01
出版年2001
语种英语
摘要Beginning in the early 1980s, theoretical analyses have incorporated the multinational firm into the microeconomic, general-equilibrium theory of international trade. Recent advances indicate how vertical and horizontal multinationals arise endogenously as determined by country characteristics, including relative size and relative endowment differences, and trade and investment costs. Results also characterize the relationship between foreign affiliate production and international trade in goods and services. In this paper, we survey some of this recent work, and note the testable predictions generated in the theory. In the second part of the paper, we examine empirical results that relate foreign affiliate production to country characteristics and trade/investment cost factors. We also review findings from analyses of the pattern of substitutability or complementarity between trade and foreign production.
主题International Economics ; Trade ; International Factor Mobility
URLhttps://www.nber.org/papers/w8334
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/565932
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James R. Markusen,Keith E. Maskus. General-Equilibrium Approaches to the Multinational Firm: A Review of Theory and Evidence. 2001.
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