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- W2892203588 abstract "The global pattern of foreign direct investment (FDI) is quite similar to the world trade pattern. In particular, intra-industry FDI between rich nations is almost as pervasive as intra-industry trade among rich nations. In the ‘standard’ multinational corporation (MNC) model (of Markusen, Venables, Brainard, and others), FDI is driven by a trade-off between proximity and scale, so firms typically supply the foreign market via exports or via FDI. The close correlation of two-way trade and investment flows is therefore difficult to explain with the standard model. We propose a model of multiproduct MNCs where firms simultaneously engage in intra-industry FDI and intra-industry trade." @default.
- W2892203588 created "2018-09-27" @default.
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- W2892203588 date "1998-03-01" @default.
- W2892203588 modified "2023-09-27" @default.
- W2892203588 title "Multiproduct Multinationals and Reciprocal FDI Dumping" @default.
- W2892203588 hasPublicationYear "1998" @default.
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