| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w22236
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| 来源ID | Working Paper 22236
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| Global Production with Export Platforms |
| Felix Tintelnot
|
| 发表日期 | 2016-05-09
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| 出版年 | 2016
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| 语种 | 英语
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| 摘要 | Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this paper, I examine the determinants of multinational firms' location and production decisions and the welfare implications of multinational production. The few existing quantitative general equilibrium models that incorporate multinational firms achieve tractability by assuming away export platforms – i.e. they do not allow foreign affiliates of multinationals to export – or by ignoring fixed costs associated with foreign investment. I develop a quantifiable multi-country general equilibrium model, which tractably handles multinational firms that engage in export platform sales and that face fixed costs of foreign investment. I first estimate the model using German firm-level data to uncover the size and nature of costs of multinational enterprise and show that the fixed costs of foreign investment are large. Second, I calibrate the model to data on trade and multinational production for twelve European and North American countries. Counterfactual analysis reveals that multinationals play an important role in transmitting technological improvements to foreign countries and that the pending Canada-EU trade and investment agreement could divert a sizable fraction of the production of EU multinationals from the US to Canada. |
| 主题 | International Economics
; Trade
; International Factor Mobility
; Industrial Organization
; Firm Behavior
|
| URL | https://www.nber.org/papers/w22236
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579910
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推荐引用方式
GB/T 7714 |
Felix Tintelnot. Global Production with Export Platforms. 2016.
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文件名：
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w22236.pdf
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格式：
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Adobe PDF
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