
International Trade and Multinational Activity
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Product Description
This study investigates the dynamic welfare effects of exposure to trade in a new trade model, which is extended by firm heterogeneity. It is analyzed under which conditions exposure to trade with firm heterogeneity increases or decreases steady state welfare of a country. It uses a new trade model to explore which country-specific conditions give rise to horizontal or vertical multinational activity. Finally, it combines the Heckscher-Ohlin model and a new trade model with horizontal multinational firms.
Book Specifications
| ISBN-13 | 9783540327196 |
| ISBN-10 | 3540327193 |
| Publisher | Springer Verlag Berlin Heidelberg |
| Category | Springer Verlag Berlin Heidelberg |
