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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.<br /> <br /> 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.

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Multinational Firms and the Theory of International Trade 2024 pdf epub mobi 電子書下載

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出版者:The MIT Press

作者:James R. Markusen

出品人:

頁數:462

譯者:

出版時間:2004-09-01

價格:USD 27.00

裝幀:Paperback

isbn號碼:9780262633079

叢書系列:

圖書標籤: fzb

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