Similar Search Results

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

Hunter, Linda - 2010

A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico …. Using an applied GE model, we find that (A) the gains to Mexico are significant and the effects on the US and Canada are … North American multinationals determine markups, increased imports from Mexico do not result in a rationalization of US and …

Persistent link: https://www.econbiz.de/10013139985

Complementarity and Increasing Returns in Intermediate Inputs : A Theoretical and Applied General-Equilibrium Analysis

Lopez de Silanes, Florencio; Markusen, James R.; … - 2021

Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare improving. This is essentially a terms-of-trade argument that is reinforced if the imported goods are...

Persistent link: https://www.econbiz.de/10013225141

Global Comparatives Statics in General Equilibrium : Model Building from Theoretical Foundations

Markusen, James R. - 2022

International trade economists made seminal contributions to general equilibrium theory, moving away from an emphasis on existence of equilibrium to algebraic formulations which enabled us to characterize key relationships between parameters and variables, such as that between tariffs and...

Persistent link: https://www.econbiz.de/10013321597

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

Markusen, James R.; Rutherford, Thomas F. - 2022

analysis is presented in which plants in Canada and Mexico increase production when locations are fixed but closed down when …

Persistent link: https://www.econbiz.de/10013322889

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

Markusen, James R.; Maskus, Keith E. - 2022

Economic interactions among the high-income developed countries are characterized by high degrees of both intra-industry trade and intra-industry affiliate production and sales. Similar high-income countries both heavily trade with and invest into each other. The purpose of this paper is to show...

Persistent link: https://www.econbiz.de/10013324453

Anti-Competitive and Rent-Shifting Aspects of Domestic-Content Provisions in Regional Trade Blocks

Lopez de Silanes, Florencio; Markusen, James R.; … - 2021

Regional trade agreements must specify domestic-content rules (rules of origin) that define the conditions under which a good qualifies as 'domestic' and so may be freely traded within the block. The paper analyzes such rules, focussing in particular on oligopolistic industries in which foreign...

Persistent link: https://www.econbiz.de/10013230380

General-Equilibrium Approaches to the Multinational Firm : A Review of Theory and Evidence

Markusen, James R.; Maskus, Keith E. - 2021

Beginning in the early 1980s, theoretical analyses have incorporated the multinational firm into the microeconomic, general-equilibrium theory of international trade. Recent advances indicate how vertical and horizontal multinationals arise endogenously as determined by country characteristics,...

Persistent link: https://www.econbiz.de/10013233849

International Welfare and Employment Linkages Arising from Minimum Wages

Egger, Hartmut - 2010

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/10013151811

Vertical Multinationals and Host-Country Characteristics

Zhang, Kevin H. - 2008

The literature on multinationals and developing countries has examined the causalityquot; running from direct investment to changes in country characteristics (wages skills, etc.) and also the opposite direction of causality, from existing country characteristics toquot; inward direct...

Persistent link: https://www.econbiz.de/10012774926

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

Markusen, James R. - 2021

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/10013247179