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Export-magnification effect of offshoring

Kleinert, Jörn; Zorell, Nico - 2010

between offshoring and exports. We model a world consisting of many advanced countries that trade differentiated goods among …

Persistent link: https://www.econbiz.de/10010271466

The export-magnification effect of offshoring

Kleinert, Jörn; Zorell, Nico - 2010

be partly explained by the export-magnification effect of offshoring. In a general equilibrium model with heterogeneous … firms we show analytically that a fall in variable offshoring costs boosts trade in differentiated final goods through an … intra-industry reallocation of resources towards the more productive firms. More specifically, lower barriers to offshoring …

Persistent link: https://www.econbiz.de/10009152018

Export-magnification effect of offshoring

Kleinert, Jörn; Zorell, Nico - 2010

between offshoring and exports. We model a world consisting of many advanced countries that trade differentiated goods among … differentiated good sector, which may be painful in the presence of frictions. -- offshoring ; multinational firms ; distance costs …

Persistent link: https://www.econbiz.de/10003951208

Trade and the Internationalization of Production

Kleinert, Jörn - 2002

Whereas many empirical studies show that the internationalization of production is driven by falling distance costs, theoretical models of the endogenous emergence of multinational enterprises predict the opposite. This paper argues that this dichotomy can be resolved if the production process...

Persistent link: https://www.econbiz.de/10010260492

Globalization of the World Economy: What Happened in 1985?

Kleinert, Jörn - 2000

This paper brings forward a three-country model to analyze the internationalization process in the age of globalization. It is shown that investment of one company increases not only the incentive to invest in another country for every national competitor but for third country's companies as...

Persistent link: https://www.econbiz.de/10010260623

Gravity for FDI

Kleinert, Jörn; Toubal, Farid - 2005

We derive gravity equations from three different general equilibrium models incorporating multinational firms. We show that gravity equations are particularly adapted to the analysis of foreign affiliates' activities of multinational firms. However, the different theoretical models lead to...

Persistent link: https://www.econbiz.de/10010296395

Gravity for FDI

Kleinert, Jörn; Toubal, Farid - 2007

Gravity equations explaining foreign affiliates' sales are ad hoc and hence, estimated coeffcients are hard to interpret. We therefore provide the theoretical underpinnings of the gravity equation applied to the analysis of sales of foreign affiliates of multinational firms. We argue that the...

Persistent link: https://www.econbiz.de/10010301785

On the Coexistence of National Companies and Multinational Enterprises

Kleinert, Jörn - 2003

National and multinational companies coexist in many sectors of all developed countries. However, economic models fail to reproduce this fact because of the assumption of symmetry between companies. To show that the symmetry assumption is the reason for this failure, a two-country general...

Persistent link: https://www.econbiz.de/10010260442

The emergence of multinational enterprises: Simulation results

Kleinert, Jörn - 1998

In the last decades, foreign direct investment (FDI) has increased strongly among industrialised countries. U.S. companies were the first to set up foreign affiliates followed later by companies from smaller industrialised countries. This paper develops a general equilibrium model of...

Persistent link: https://www.econbiz.de/10010275239

Trade and the internationalization of production

Kleinert, Jörn - 2002

Persistent link: https://www.econbiz.de/10011474759