Multinational networks and trade participation

This paper provides a new explanation for the dominance of multinational corporations (MNCs) in international trade: after being acquired by an MNC, firms face lower entry frictions in countries in which their global parent already has a presence. We provide a model of firms’ export and import choic...

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Main Authors: Conconi, P, Leone, F, Magerman, G, Thomas, C
格式: Working paper
语言:English
出版: University of Oxford 2025