Buch, Englisch, Band 573, 162 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 271 g
Heterogeneity of Firms, Incentives for Foreign Direct Investment, and International Business Cycle Dynamics
Buch, Englisch, Band 573, 162 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 271 g
Reihe: Lecture Notes in Economics and Mathematical Systems
ISBN: 978-3-540-32718-9
Verlag: Springer Berlin Heidelberg
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.
Zielgruppe
Research
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
- Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
- Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationaler Handel
Weitere Infos & Material
Gains from trade with firm heterogeneity.- The international organization of the firm.- International business cycle dynamics with Heckscher-Ohlin trade.- Conclusions.
