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These notes discuss some of the main results and models from the theory of international trade under imperfect competition. They are necessairy both selective and superficial. Multinationals are conspicuous by their absence, and the reader is referred to Markusen (1995) for a recent survey. Up...
Persistent link: https://www.econbiz.de/10010600195
No abstract.
Persistent link: https://www.econbiz.de/10010611599
This paper contributes to research endogenizing multinational firms in general-equilibrium trade models. We attempt to integrate separate contributions on horizontal multinationals which produce the same final product in multiple locations, with work on vertical multinationals, which...
Persistent link: https://www.econbiz.de/10010600203