Showing 1 - 10 of 149
No abstract.
Persistent link: https://www.econbiz.de/10010818456
The multinational firm (MNF) is introduced as the intersection between trade theory and the theory of the firm. I show that economies of scale associated with various knowledge inputs have made it possible for firms to grow large through internationalization and, once large, staying competitive...
Persistent link: https://www.econbiz.de/10011019068
In this paper it is argued that the restructuring following the stiffer competition stemming from increased global integration will trigger a race between countries to attract inward foreign direct investment (FDI). It is further argued that this race consists of last minute efforts and...
Persistent link: https://www.econbiz.de/10005645346
We analyze producer price developments in the transition from a national exchange rate regime to a monetary union. The focus is on the European Economic and Monetary Union (EMU). Stylized facts witness about an exploding gaps in producer-price inflation during the years immediately following the...
Persistent link: https://www.econbiz.de/10005645348
The process of globalization encompasses economic and financial integration. Abolition of capital controls and dismantling of barriers of different kinds are important ingredients of the process that will entirely change the exposure of previously sheltered companies to shocks on the global...
Persistent link: https://www.econbiz.de/10005645385
Real exchange and interest rates may still fluctuate inside the EMU and give rise to changes in competitiveness. We find, in contrast to what is generally expected, no convergence in these variables after the introduction of the euro. On the contrary, a divergence is found that is extraordinary...
Persistent link: https://www.econbiz.de/10005419554
We compare the relation between foreign affiliate production and parent employment in U.S. manufacturing multinationals with that in Swedish firms. U.S. multinationals appear to have allocated some of their more labor intensive operations selling in world markets to affiliates in developing...
Persistent link: https://www.econbiz.de/10005486487
We propose a simple ,odel to analyze the widespread idea that a necessary condtion from firms to make foreign direct investments is that thay have firm-pecific advantage with respect to host country firms.
Persistent link: https://www.econbiz.de/10005486497
This paper contributes to research endogenizing multinational firms in general equilibrium trade Models.
Persistent link: https://www.econbiz.de/10005486500
This paper analyzes the utilization of R&D results in the home and foreign plants of Swedish maltinational enterprises (MNEs). The empirical findings indicate that the firms' R&D undertaken in the home country is used as an input in both the home and foreign plants of the MNEs.
Persistent link: https://www.econbiz.de/10005486505