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ePub Multinational Firms and the Theory of International Trade (The MIT Press) download

by James R. Markusen

ePub Multinational Firms and the Theory of International Trade (The MIT Press) download
Author:
James R. Markusen
ISBN13:
978-0262134163
ISBN:
0262134160
Language:
Publisher:
The MIT Press (October 4, 2002)
Category:
Subcategory:
Economics
ePub file:
1919 kb
Fb2 file:
1319 kb
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173

In this book, James Markusen provides a comprehensive integration of the two fields.

In this book, James Markusen provides a comprehensive integration of the two fields.

Markusen, James . 1995), "The Boundaries of Multinational Enterprises and the Theory of International Trade", Journal of Economic Perspectives 9, 169-189. Markusen, James R. (1998), "Multinational Firms, Location and Trade", The World Economy 21, 733-756.

Despite the great importance of multinational firms in international economics, theoretical and empirical . He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing. In this book, James Markusen provides a comprehens.

In this book, James Markusen provides a comprehens. In this book, James Markusen provides a comprehensive integration of the two fields.

By: Markusen, James R. Material type: BookPublisher: Cambridge, Mass. MIT Press,Description: xxii, 440 p. : ill. ; 24 c. SBN: 0262134160 (alk. paper). Subject(s): International trade International business enterprises - ManagementDDC classification: 33. Tags from this library: No tags from this library for this title.

TRADE Theory and Evidence 19 The Political Economy of Trade Policy 324 and Multinational Firms.

TRADE Theory and Evidence. James R. Markusen University of Colorodo, Boulder. Melvin University of Waterloo. William H. Kaempfer University of Colorado, Boulder. of Trade 142 6 The Causes of International Trade 1. Introduction 142 79 1. Distinguishing among Consumer, Producer, and . The No-Trade Model 79 World Prices 143 . Some Methodological Considerations 81 1. Taxes and Subsidies as Determinants of Trade: A Small Open Economy 145 7 Differences in Technology 84 1. Taxes and Subsidies as Determinants.

The model offers predictions about the volume of trade that contrast with those of the 'new trade theory', predicting . and Venables, Anthony . Multinational Firms and the New Trade Theory (February 1995).

The model offers predictions about the volume of trade that contrast with those of the 'new trade theory', predicting that trade at first rises and then falls as countries converge in incomes, relative endowments, and technologies. NBER Working Paper No. w5036.

Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing.

Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis.