Skip to main content
  • Book
  • © 2006

International Trade and Multinational Activity

Heterogeneity of Firms, Incentives for Foreign Direct Investment, and International Business Cycle Dynamics

Authors:

(view affiliations)

Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 573)

  • 4013 Accesses

Buying options

eBook
USD 69.99
Price excludes VAT (USA)
  • ISBN: 978-3-540-32719-6
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book
USD 89.99
Price excludes VAT (USA)

This is a preview of subscription content, access via your institution.

Table of contents (6 chapters)

  1. Front Matter

    Pages I-X
  2. Introduction

    Pages 1-3
  3. Conclusions

    Pages 137-140
  4. Appendix

    Pages 141-155
  5. Back Matter

    Pages 157-162

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.

Keywords

  • Firm Heterogeneity
  • Foreign Direct Investments
  • International Business
  • International Business Cycles
  • Trade theory

Authors and Affiliations

  • Department of Economics, University of Duisburg-Essen, Essen, Germany

    Julian Emami Namini

Bibliographic Information

Buying options

eBook
USD 69.99
Price excludes VAT (USA)
  • ISBN: 978-3-540-32719-6
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book
USD 89.99
Price excludes VAT (USA)