A Simple Theory of Multinational Corporations and Trade with a Trade-off Between Proximity and Concentration

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ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis A Simple Theory of Multinational Corporations and Trade with a Trade-off Between Proximity and Concentration by : S. Lael Brainard

Download or read book A Simple Theory of Multinational Corporations and Trade with a Trade-off Between Proximity and Concentration written by S. Lael Brainard and published by . This book was released on 1993 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a two-sector, two-country model, where firms in a differentiated products sector choose between exporting and multinational expansion as alternative modes of foreign market penetration, based on a trade-off between proximity and concentration advantages. The differentiated sector is characterized by multi-stage production, with increasing returns at the corporate level associated with some activity such as R&D, scale economies at the plant level, and a variable transport cost that rises with distance. A pure multinational equilibrium, where two-way horizontal expansion across borders completely supplants two-way trade in differentiated products, is possible even in the absence of factor proportion differences. It is more likely the greater are transport costs relative to fixed plant costs, and the greater are increasing returns at the corporate level relative to the plant level. The model also establishes conditions for a mixed equilibrium, in which national and multinational firms coexist.

A Simple Theory of Multinational Corporations and Trade With a Trade-Off Between Proximity and Concentration

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Publisher : Forgotten Books
ISBN 13 : 9781330415535
Total Pages : 41 pages
Book Rating : 4.4/5 (155 download)

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Book Synopsis A Simple Theory of Multinational Corporations and Trade With a Trade-Off Between Proximity and Concentration by : S. Lael Brainard

Download or read book A Simple Theory of Multinational Corporations and Trade With a Trade-Off Between Proximity and Concentration written by S. Lael Brainard and published by Forgotten Books. This book was released on 2015-06-26 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from A Simple Theory of Multinational Corporations and Trade With a Trade-Off Between Proximity and Concentration This paper develops a two-sector, two-country model, where firms in a differentiated products sector choose between exporting and multinational expansion as alternative modes of foreign market penetration, based on a trade-off between proximity and concentration advantages. The differentiated sector is characterized by multi-stage production, with increasing returns at the firm level, due to some activity such as R&D that can be spread among any number of production facilities with undiminished value, scale economies at the plant level, and a variable transport cost that rises with distance. A pure multinational equilibrium, where two-way intraindustry trade in intangibles completely supplants two-way trade in differentiated products, is possible even in the absence of factor proportion differences. It is more likely the greater are transport costs relative to the fixed cost of production, and the greater are increasing returns at the firm level relative to the plant level. The model also examines how the pattern of trade and production varies with additional stages of production. I am grateful to Paul Krugman and Julio Rotemberg for helpful discussions, and to the National Science Foundation for support under grant SES-9111649. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

A Simple Theory of Multinational Corporations and Trade with a Trade-Off Between Proximity and Concentration

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Publisher : Palala Press
ISBN 13 : 9781341774980
Total Pages : 44 pages
Book Rating : 4.7/5 (749 download)

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Book Synopsis A Simple Theory of Multinational Corporations and Trade with a Trade-Off Between Proximity and Concentration by : Lael Brainard

Download or read book A Simple Theory of Multinational Corporations and Trade with a Trade-Off Between Proximity and Concentration written by Lael Brainard and published by Palala Press. This book was released on 2015-09-06 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

A simple theory of multinational corporations and trade with a trade-off between proximity and concentration

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis A simple theory of multinational corporations and trade with a trade-off between proximity and concentration by : Elizabeth Brainerd

Download or read book A simple theory of multinational corporations and trade with a trade-off between proximity and concentration written by Elizabeth Brainerd and published by . This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Simple Theory of Multinational Corporations and Trade-off Between Proximity and Concentration

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Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (848 download)

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Book Synopsis A Simple Theory of Multinational Corporations and Trade-off Between Proximity and Concentration by : S. Lael Brainard

Download or read book A Simple Theory of Multinational Corporations and Trade-off Between Proximity and Concentration written by S. Lael Brainard and published by . This book was released on 1993 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Princeton Encyclopedia of the World Economy. (Two volume set)

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Publisher : Princeton University Press
ISBN 13 : 1400830400
Total Pages : 1329 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Princeton Encyclopedia of the World Economy. (Two volume set) by : Kenneth A. Reinert

Download or read book The Princeton Encyclopedia of the World Economy. (Two volume set) written by Kenneth A. Reinert and published by Princeton University Press. This book was released on 2010-08-02 with total page 1329 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential reference to all facets of the world economy Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel

The Selected Essays of John H. Dunning

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781843767053
Total Pages : 546 pages
Book Rating : 4.7/5 (67 download)

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Book Synopsis The Selected Essays of John H. Dunning by : John H. Dunning

Download or read book The Selected Essays of John H. Dunning written by John H. Dunning and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: These volumes should be required reading for anyone with an interest in international business and globalisation. They add immeasurably to our understanding. Mira Wilkins, Business History Dunning is one of the most prominent researchers and thinkers in the IB field. In these books, he has set out his most celebrated writings and has provided us relatively easy access to widely scattered references in the literature. Rajat Kathuria, Global Business Review The modern academic study of the multinational enterprise started with John Dunning s pioneering study of American Investment in British Manufacturing Industry in 1958. In the early 1970s he began to publish an influential and authoritative stream of papers integrating theoretical and empirical analysis of the multinational enterprise. This fascinating volume charts the evolution of John Dunning s thinking, highlighting his attempts to develop a richer, more dynamic and historical framework for the analysis of the multinational enterprise. It makes compelling reading, and offers unique insights into the intellectual development of his well-known eclectic paradigm of international production. Mark Casson, University of Reading, UK This volume contains a selection of John Dunning s best known and highly acclaimed writings on the theory of international business activity. Spanning more than three decades, the 16 contributions trace the evolution of his thoughts and ideas as an economist, from his first article on the determinants of international production, published in 1973, to his most recent essay on relational assets, networks and global business activity, completed in 2002. Theories and Paradigms of International Business Activity gives particular prominence to the author s much renowned eclectic paradigm, which he first promulgated at a Nobel Symposium on the international allocation of economic activity in 1976. Since then, the author has written over 60 articles, pamphlets and chapters in books which have extended, refined and updated his theorizing on the interface between trade, FDI and MNE activity, in the light of the changing characteristics of the world economy and advances in international business scholarship. This, the first of two volumes of John Dunning s work, is essential reading for all students, scholars and researchers with a special interest in the reasons behind the explosive growth in post-war FDI and the globalization of business activity.

Multinational Firms and the Theory of International Trade

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Publisher : MIT Press
ISBN 13 : 9780262633079
Total Pages : 468 pages
Book Rating : 4.6/5 (33 download)

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Book Synopsis Multinational Firms and the Theory of International Trade by : James R. Markusen

Download or read book Multinational Firms and the Theory of International Trade written by James R. Markusen and published by MIT Press. This book was released on 2002 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive microeconomic, general equilibrium theory and empirical analysis of multinational firms.

Transnational Corporations and International Trade and Payments

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Publisher : Psychology Press
ISBN 13 : 9780415085410
Total Pages : 314 pages
Book Rating : 4.0/5 (854 download)

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Book Synopsis Transnational Corporations and International Trade and Payments by : H. Peter Gray

Download or read book Transnational Corporations and International Trade and Payments written by H. Peter Gray and published by Psychology Press. This book was released on 1993 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multinational Corporations

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Publisher : Forgotten Books
ISBN 13 : 9780656224128
Total Pages : 492 pages
Book Rating : 4.2/5 (241 download)

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Book Synopsis Multinational Corporations by : United States Committee On Finance

Download or read book Multinational Corporations written by United States Committee On Finance and published by Forgotten Books. This book was released on 2018-02-10 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Multinational Corporations: Hearings Before the Subcommittee on International Trade of the Committee on Finance, United States Senate, Ninety-Third Congress, First Session Although this business form has been around for decades, the multi national corporation has become an increasingly visible form of busi ness entity in recent years. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The Theory of Multinational Enterprises

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008881
Total Pages : 320 pages
Book Rating : 4.0/5 (88 download)

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Book Synopsis The Theory of Multinational Enterprises by : The late Alan M. Rugman

Download or read book The Theory of Multinational Enterprises written by The late Alan M. Rugman and published by Edward Elgar Publishing. This book was released on 1996-01-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The articles in this volume explore aspects of multinational enterprises & apply the theory of internalization to North America, Europe & Japan. Rugman provides the reader with insights into the intellectual & personal history of the papers.

The Theory of Transnational Corporations

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Publisher : Taylor & Francis
ISBN 13 : 9780415085342
Total Pages : 454 pages
Book Rating : 4.0/5 (853 download)

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Book Synopsis The Theory of Transnational Corporations by : John H. Dunning

Download or read book The Theory of Transnational Corporations written by John H. Dunning and published by Taylor & Francis. This book was released on 1993 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multinational Corporations as Differentiated Networks (Classic Reprint)

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Publisher : Forgotten Books
ISBN 13 : 9781332881000
Total Pages : 70 pages
Book Rating : 4.8/5 (81 download)

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Book Synopsis Multinational Corporations as Differentiated Networks (Classic Reprint) by : Sumantra Ghoshal

Download or read book Multinational Corporations as Differentiated Networks (Classic Reprint) written by Sumantra Ghoshal and published by Forgotten Books. This book was released on 2016-06-23 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Multinational Corporations as Differentiated Networks In defining the interorganizational field as a focus for investigation, Warren developed a typology of organizational contexts that distinguishes between the ways in which organizational units interact. These were labeled unitary, federative, coalitional, and social choice. Instead of being discrete categories these contexts were proposed to vary in ordinal fashion, in the direction from one extreme the unitary, to the other social choice, along a number of dimensions such as relations of units to an inclusive goal, locus of inclusive decision making and and authority, and prescribed collectivity. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Multinationals and Trade

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ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (428 download)

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Book Synopsis Multinationals and Trade by : Theresa Tracey Helen Carpenter

Download or read book Multinationals and Trade written by Theresa Tracey Helen Carpenter and published by . This book was released on 2006 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis contributes to the theoretical literature on multinational corporations. Theory posits foreign direct investment as an alternative to trade in goods: exporting firms benefit from scale economies, whereas firms supplying foreign markets via FDI benefit from proximity to markets. Yet empirical evidence shows FDI and trade to be positively related. This thesis introduces trade in intermediate goods into a standard model, to create a framework in which FDI and trade can be complementary. The model developed fits with the observation that a third of trade takes place within firms. The second part introduces firm-level heterogeneity into the basic proximity-versus-scale framework. The model allows investigation of the patterns of trade and the investment allowing simultaneously for difference among firms within a since sector. This firm-level size heterogeneity is a critical element of reality since in fact most multinationals are very large firms and most large firms are multinationals.

A Theory of Multinational Enterprise

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Publisher : Ann Arbor : University of Michigan Press
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis A Theory of Multinational Enterprise by : Jean-François Hennart

Download or read book A Theory of Multinational Enterprise written by Jean-François Hennart and published by Ann Arbor : University of Michigan Press. This book was released on 1982 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies the expansion of firms across national boundaries

Biblio List Updates in Print

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Publisher :
ISBN 13 :
Total Pages : 796 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Biblio List Updates in Print by :

Download or read book Biblio List Updates in Print written by and published by . This book was released on 1992-04 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of the Multinational Enterprise

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Theory of the Multinational Enterprise by : Peter J. Buckley

Download or read book The Theory of the Multinational Enterprise written by Peter J. Buckley and published by . This book was released on 1987 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: