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130626 ||| eng |
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|a 9783540327196
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|a Emami Namini, Julian
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|a International Trade and Multinational Activity
|h Elektronische Ressource
|b Heterogeneity of Firms, Incentives for Foreign Direct Investment, and International Business Cycle Dynamics
|c by Julian Emami Namini
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| 250 |
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|a 1st ed. 2006
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| 260 |
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|a Berlin, Heidelberg
|b Springer Berlin Heidelberg
|c 2006, 2006
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| 300 |
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|a X, 162 p. 37 illus
|b online resource
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|a Gains from trade with firm heterogeneity -- The international organization of the firm -- International business cycle dynamics with Heckscher-Ohlin trade -- Conclusions
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| 653 |
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|a Macroeconomics and Monetary Economics
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|a Quantitative Economics
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| 653 |
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|a International Economics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Econometrics
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| 653 |
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|a International economic relations
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|a eng
|2 ISO 639-2
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| 989 |
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|b Springer
|a Springer eBooks 2005-
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|a Lecture Notes in Economics and Mathematical Systems
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|a 10.1007/3-540-32719-3
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|u https://doi.org/10.1007/3-540-32719-3?nosfx=y
|x Verlag
|3 Volltext
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|a 337
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|a 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
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