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Contracts, Intellectual Property Rights, and Multinational Investment in Developing Countries

Markusen, James R. - 1998

The institution and enforcement of property rights and contracts have been an important policy issue for the developing countries, the transition economies, and the developed countries in the 1990s. This has led to the development of a literature on technology transfer and how property rights...

Persistent link: https://www.econbiz.de/10012472357

A Multi-Country Approach to Factor-Proportions Trade and Trade Costs

Markusen, James R. - 2005

Classic trade questions are reconsidered by generalizing a factor-proportions model to multiple countries, multi-stage production, and country-specific trade costs. We derive patterns of production specialization and trade for a matrix of countries that differ in relative endowments (columns)...

Persistent link: https://www.econbiz.de/10012467636

Per-capita Income as a Determinant of International Trade and Environmental Policies

Markusen, James R. - 2013

International trade policy analysis has tended to focus on the production side of general equilibrium, with policies such as a tariff or carbon tax affecting international and internal income distributions through a Heckscher-Ohlin nexus of factor intensities and factor endowments. Here I move...

Persistent link: https://www.econbiz.de/10012458909

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

Markusen, James R. - 2010

The basic gains-from-trade theorem makes a stark comparison between completely free trade and complete autarky. This paper is motivated by recent evidence that trade has greatly expanded on the extensive margin (aka fragmentation, offshoring) by adding newly traded goods and services and that...

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

Endogenous Market Structure and Foreign Market Entry

Markusen, James R. - 2009

Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine...

Persistent link: https://www.econbiz.de/10012463119

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

Physical Capital, Knowledge Capital and the Choice Between FDI and Outsourcing

Chen, Yongmin - 2008

There exist two approaches in the literature concerning the multinational firm's mode choice for foreign production between an owned subsidiary and a licensing contract. One approach considers environments where the firm is transferring primarily knowledge-based assets. An important assumption...

Persistent link: https://www.econbiz.de/10012464132

Sub-national Differentiation and the Role of the Firm in Optimal International Pricing

Balistreri, Edward J. - 2007

We illuminate the relationship between optimal firm pricing and optimal trade policy by exploring a generalized model that accommodates product differentiation at both the national and sub-national (firm) levels. We assume monopolistic competition in the differentiated products at the...

Persistent link: https://www.econbiz.de/10012465524

Standards and Related Regulations in International Trade : A Modeling Approach

Ganslandt, Mattias - 2001

Standards and technical regulations which govern the admissibility of imported goods into an economy raise costs of exporters entering new markets, and may have a particularly high impact on firms seeking to export from developing countries. Yet standards may also have a positive side, such as...

Persistent link: https://www.econbiz.de/10012470378

A Unified Approach to Intra-Industry Trade and Direct Foreign Investment

Markusen, James R. - 2001

into each other. The purpose of this paper is to show how the theory of direct investment can now be integrated with the … theory of international trade in goods, and to show how the two combine to determine the pattern of trade and foreign … affiliate production. Empirical estimation gives good support to the predictions of the theory for intra-industry affiliate …

Persistent link: https://www.econbiz.de/10012470389