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Markusen, James R. - 1997

Despite several theoretical contributions and considerable informal empirical evidence" to the contrary, a notion that trade and investment are substitutes persists in trade policy" analysis. This paper considers the liberalization of commodity trade versus liberalization" allowing direct...

Persistent link: https://www.econbiz.de/10012472580

Foreign Direct Investment as a Catalyst for Industrial Development

Markusen, James R. - 1997

How does an FDI project affect local firms in the same industry? Competition in the" product and factor markets tends to reduce profits of local firms, but linkage effects to supplier" industries may reduce input costs and raise profits. This paper develops an analytical framework" to assess...

Persistent link: https://www.econbiz.de/10012472571

Expansion of Trade at the Extensive Margin : A General Gains-from-Trade Result and Illustrative Examples

Markusen, James R. - 2010

understood, a sufficient condition for all countries to gain from fragmentation is that the relative world prices of initially …-trade goods don't change. However, trade costs break the strict link between domestic and world prices in my approach and this … respect to the world endowment ratio …

Persistent link: https://www.econbiz.de/10012462725

International Welfare and Employment Linkages Arising from Minimum Wages

Egger, Hartmut - 2009

We formulate a two-country model with monopolistic competition and heterogeneous firms to reconsider labor market linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal experiments are considered. First, we show that trade...

Persistent link: https://www.econbiz.de/10012463453

Liberalization and Incentives for Labor Migration : Theory with Applications to NAFTA

Markusen, James R. - 1997

One of the motivations for NAFTA from the US point of view was to reduce the" incentives for Mexican migration into the US. Unskilled rural males are a primary source of" illegal immigration and also Mexico's relatively abundant factor. This group should therefore" be made better off by trade...

Persistent link: https://www.econbiz.de/10012472579

Discrete Plant-Location Decisions in an Applied General-Equilibrium Model of Trade Liberalization

Markusen, James R. - 1993

Theoretical and applied work in industrial-organization approaches to international trade typically assume either that there are fixed numbers of firms, or that there is free entry and exit with a continuum of firms. This paper makes a first step toward a more realistic approach in which firms...

Persistent link: https://www.econbiz.de/10012474432

Trade Liberalization in a Multinational-Dominated Industry : A Theoretical and Applied General-Equilibrium Analysis

Hunter, Linda - 1991

A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico free trade. Special features of the model include (1) significant scale economies at the plant level, (2) imperfect competition among firms, (3) joint ownership of plants...

Persistent link: https://www.econbiz.de/10012475332

Vertical Multinationals and Host-Country Characteristics

Zhang, Kevin H. - 1997

empirical" observation that the poorest countries attract a far smaller share of world direct investment than" their share of …

Persistent link: https://www.econbiz.de/10012472611

Multinational Firms, Technology Diffusion and Trade

Ethier, Wilfred J. - 1991

Empirical evidence indicates a close association between multinational firms and knowledge capital, a public good within the firm. We model a firm which wishes to exploit its knowledge capital abroad, but whose workers learn all the knowledge necessary for production and can defect and produce...

Persistent link: https://www.econbiz.de/10012475172

Endogenous Market Structures in International Trade

Horstmann, Ignatius J. - 1990

Almost all of the large literature on international trade with imperfect competition assumes exogenous market structures. The purpose of this paper is to develop a simple model that generates alternative market structures as Nash equilibria for different parameterizations of the basic model....

Persistent link: https://www.econbiz.de/10012475752