The Theory of Endowment, Intra-Industry, and Multinational Trade.
We consider a trade model combining a 2x2x2 Heckscher-Ohlin structure, monopolistic competition, transport costs, and multinational corporations. We demonstrate how the mix of national and multinational firms that operate in equilibrium depends on technology and on the division of the world endowmen...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
National Bureau of Economic Research
1996
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