This paper is a theoretical analysis of the factors influencing production location decisions by a multinational corporation. It starts with a simple model of optimization for a firm facing the choice between exporting and producing abroad a single differentiated final product and then develops...

This paper is a theoretical analysis of the factors influencing production location decisions by a multinational corporation. It starts with a simple model of optimization for a firm facing the choice between exporting and producing abroad a single differentiated final product and then develops...

In this paper, the effects of demographic changes, particularly in the age structure of population, on government social expenditure is estimated. The results indicate that income elasticity of government social services is unitary in high income countries and above that level in low income...

In this paper we test whether a Linder effect exists in international trade generally, and in trade among, and between, developed and less developed countries in particular. We provide empirical evidence that, contrary to accepted views, the Linder effect can be found for both developed and less...