Overview
Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 573)
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Table of contents (6 chapters)
Keywords
About this book
During the last 25 year, the neoclassical Heckscher-Ohlin trade theory has been extended to the ‘new’ trade theory by including imperfect competition and fixed costs into the analysis of trade relations. Furthermore, these micro-oriented trade models are increasingly used to analyze macro-oriented questions. Chapter 2 of 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. Chapter 3 uses a new trade model to explore which country-specific conditions give rise to horizontal or vertical multinational activity. Finally, chapter 4 combines the Heckscher-Ohlin model and a new trade model with horizontal multinational firms with the macro-oriented real business cycle model and analyzes the role of goods trade and horizontal multinational firms in international business cycle transmission.
Authors and Affiliations
Bibliographic Information
Book Title: International Trade and Multinational Activity
Book Subtitle: Heterogeneity of Firms, Incentives for Foreign Direct Investment, and International Business Cycle Dynamics
Authors: Julian Emami Namini
Series Title: Lecture Notes in Economics and Mathematical Systems
DOI: https://doi.org/10.1007/3-540-32719-3
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2006
Softcover ISBN: 978-3-540-32718-9Published: 08 May 2006
eBook ISBN: 978-3-540-32719-6Published: 28 October 2006
Series ISSN: 0075-8442
Series E-ISSN: 2196-9957
Edition Number: 1
Number of Pages: X, 162
Number of Illustrations: 37 b/w illustrations
Topics: International Economics, Economic Theory/Quantitative Economics/Mathematical Methods, Macroeconomics/Monetary Economics//Financial Economics