Showing 1 - 2 of 2
industry productivity and social welfare. For this purpose we develop a reciprocal dumping model of international trade with … heterogeneous firms and endogenous R&D. We identify two effects of trade liberalization on productivity: a direct effect through … low (high) trade costs; (ii) increases expected industry productivity; and (iii) raises expected social welfare if trade …
Persistent link: https://www.econbiz.de/10003726014
is increasing in its productivity, with the most productive multinationals choosing not to rely on a foreign partner at … direct investment ; multinational enterprise ; joint venture ; productivity …
Persistent link: https://www.econbiz.de/10003726051