International Trade and Multinational Activity
Author | : Julian Emami Namini |
Publisher | : Springer Science & Business Media |
Total Pages | : 168 |
Release | : 2006-10-28 |
ISBN-10 | : 9783540327196 |
ISBN-13 | : 3540327193 |
Rating | : 4/5 (193 Downloads) |
Download or read book International Trade and Multinational Activity written by Julian Emami Namini and published by Springer Science & Business Media. This book was released on 2006-10-28 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. It uses a new trade model to explore which country-specific conditions give rise to horizontal or vertical multinational activity. Finally, it combines the Heckscher-Ohlin model and a new trade model with horizontal multinational firms.