International Trade and Multinational Activity
Emami Namini, Julian
Produktnummer:
18cb79dc15476340c89e15fe124df54999
| Autor: | Emami Namini, Julian |
|---|---|
| Themengebiete: | Firm Heterogeneity Foreign Direct Investments International Business International Business Cycles Trade theory |
| Veröffentlichungsdatum: | 08.05.2006 |
| EAN: | 9783540327189 |
| Sprache: | Englisch |
| Seitenzahl: | 162 |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Springer Berlin |
| Untertitel: | Heterogeneity of Firms, Incentives for Foreign Direct Investment, and International Business Cycle Dynamics |
Produktinformationen "International Trade and Multinational Activity"
During the last 25 year, the neoclassical Heckscher-Ohlin trade theory has been extended to the ‘new’ trade theory by including imperfect competition and fixed costs into the analysis of trade relations. Furthermore, these micro-oriented trade models are increasingly used to analyze macro-oriented questions. Chapter 2 of this study investigates the dynamic welfare effects of exposure to trade in a new trade model, which is extended by firm heterogeneity. It is analyzed under which conditions exposure to trade with firm heterogeneity increases or decreases steady state welfare of a country. Chapter 3 uses a new trade model to explore which country-specific conditions give rise to horizontal or vertical multinational activity. Finally, chapter 4 combines the Heckscher-Ohlin model and a new trade model with horizontal multinational firms with the macro-oriented real business cycle model and analyzes the role of goods trade and horizontal multinational firms in international business cycle transmission.
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