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- W1631297585 abstract "Publisher Summary Although it is conventional for trade theorists to regard multinational corporations (MNCs) as international factor movements, Helpman, and Helpman and Krugman have developed an innovative approach to MNCs. While differences in factor endowment proportions may be one determinant of MNCs, this chapter presents an alternative determinant, namely, technological superiority possessed by MNCs. As the Ricardian model is the simplest tool to analyze technological differences, the chapter presents the two-country, two-good Ricardian model under perfect competition. In this model, MNC superiority is interpreted as absolute advantage. The chapter discusses headquarter services through the concept of labor coefficients divided into two parts, namely, coefficients for headquarter activity and those for plant activity." @default.
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- W1631297585 date "1993-01-01" @default.
- W1631297585 modified "2023-09-26" @default.
- W1631297585 title "MULTINATIONAL CORPORATIONS AND ABSOLUTE ADVANTAGE: THE ASYMMETRIC CASE" @default.
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- W1631297585 doi "https://doi.org/10.1016/b978-0-12-084655-9.50025-0" @default.
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