Multi-Product Firms and Flexible Manufacturing in the Global Economy.
We present a new model of multi-product firms (MPFs) and flexible manufacturing and explore its implications in partial and general equilibrium. International trade integration affects the scale and scope of MPFs through a competition effect and a demand effect. We demonstrate how MPFs adjust in the...
| Main Authors: | , |
|---|---|
| Format: | Working paper |
| Language: | English |
| Published: |
Department of Economics (University of Oxford)
2006
|
| _version_ | 1797053701536350208 |
|---|---|
| author | Eckel, C Neary, J |
| author_facet | Eckel, C Neary, J |
| author_sort | Eckel, C |
| collection | OXFORD |
| description | We present a new model of multi-product firms (MPFs) and flexible manufacturing and explore its implications in partial and general equilibrium. International trade integration affects the scale and scope of MPFs through a competition effect and a demand effect. We demonstrate how MPFs adjust in the presence of single-product firms and in heterogeneous industries. Our results are in line with recent empirical evidence and suggest that MPFs in conjunction with flexible manufacturing play an important role in the impact of international trade on product diversity. |
| first_indexed | 2024-03-06T18:47:22Z |
| format | Working paper |
| id | oxford-uuid:0ef68f0a-7f3d-43cb-8937-77ccd8f544ef |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T18:47:22Z |
| publishDate | 2006 |
| publisher | Department of Economics (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:0ef68f0a-7f3d-43cb-8937-77ccd8f544ef2022-03-26T09:48:51ZMulti-Product Firms and Flexible Manufacturing in the Global Economy.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:0ef68f0a-7f3d-43cb-8937-77ccd8f544efEnglishOxford University Research Archive - ValetDepartment of Economics (University of Oxford)2006Eckel, CNeary, JWe present a new model of multi-product firms (MPFs) and flexible manufacturing and explore its implications in partial and general equilibrium. International trade integration affects the scale and scope of MPFs through a competition effect and a demand effect. We demonstrate how MPFs adjust in the presence of single-product firms and in heterogeneous industries. Our results are in line with recent empirical evidence and suggest that MPFs in conjunction with flexible manufacturing play an important role in the impact of international trade on product diversity. |
| spellingShingle | Eckel, C Neary, J Multi-Product Firms and Flexible Manufacturing in the Global Economy. |
| title | Multi-Product Firms and Flexible Manufacturing in the Global Economy. |
| title_full | Multi-Product Firms and Flexible Manufacturing in the Global Economy. |
| title_fullStr | Multi-Product Firms and Flexible Manufacturing in the Global Economy. |
| title_full_unstemmed | Multi-Product Firms and Flexible Manufacturing in the Global Economy. |
| title_short | Multi-Product Firms and Flexible Manufacturing in the Global Economy. |
| title_sort | multi product firms and flexible manufacturing in the global economy |
| work_keys_str_mv | AT eckelc multiproductfirmsandflexiblemanufacturingintheglobaleconomy AT nearyj multiproductfirmsandflexiblemanufacturingintheglobaleconomy |