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What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to...
Persistent link: https://www.econbiz.de/10010427628
regions (China, Eastern Europe, Western Europe and North America) as well as in groups of countries with similar levels of …
Persistent link: https://www.econbiz.de/10010299465
, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a …
Persistent link: https://www.econbiz.de/10010352808
and within Central East Europe and how they fit into its overall corporate strategy. They display strategic asset features …
Persistent link: https://www.econbiz.de/10010261733
This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm's capital stock. Extensive...
Persistent link: https://www.econbiz.de/10010264223
I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...
Persistent link: https://www.econbiz.de/10012623135
data reveal a startling variation in productivity levels of foreign affiliates across the countries in Eastern Europe of … advantage to the new EU Member States and Emerging Europe. One candidate for this startling difference in productivity levels …. We also analyse the conditions under which European multinationals transplant their business model to Eastern Europe. We …
Persistent link: https://www.econbiz.de/10010427605
Over the last decades, the internationalization of the value chain has allowed firms to exploit cross-country differences in environmental and labor regulation (and enforcement) in ways that have led to a large number of NGO campaigns and consumer boycotts criticizing ‘unethical’ practices....
Persistent link: https://www.econbiz.de/10011815815
bewertet wird. Familienunternehmen investieren mehr in Europa und Nordamerika als vergleichbare Firmen, die managementgeführt …, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a …
Persistent link: https://www.econbiz.de/10010314771
distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if …
Persistent link: https://www.econbiz.de/10010427459