Multinational Firms and the Theory of International Trade (MIT Press)

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9780262633079: Multinational Firms and the Theory of International Trade (MIT Press)

Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing.

Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis.

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About the Author:

James R. Markusen is the Stanford Calderwood Professor of Economics at the University of Colorado and an NBER Research Associate.

Review:

Markusen has penned a dream book on multinationals for students and specialists alike. The questions are essential, the results rich, and the exposition exquisite.

(Donald R. Davis, Professor of Economics, Columbia University)

[T]he book will be of tremendous interest to professionals in the field...

(Civil Engineering Magazine)

Multinational enterprises account for one of the fastest growing segments of world trade. Markusen provides a comprehensive theoretical framework to explain the role that multinationals play in the process of globalization. This book is a must read for anyone interested in the field.

(Gordon Hanson, University of California, San Diego)

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Markusen, James R.
Editorial: MIT Press (2004)
ISBN 10: 0262633078 ISBN 13: 9780262633079
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Descripción MIT Press Ltd, United States, 2004. Paperback. Estado de conservación: New. Language: English . Brand New Book. Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing.Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis. Nº de ref. de la librería AAH9780262633079

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Descripción MIT Press Ltd, United States, 2004. Paperback. Estado de conservación: New. Language: English . Brand New Book. Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing. Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis. Nº de ref. de la librería AAH9780262633079

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Descripción MIT 2004-09-07, Cambridge, Mass. |London, 2004. paperback. Estado de conservación: New. Nº de ref. de la librería 9780262633079

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Descripción MIT Press Ltd. Paperback. Estado de conservación: new. BRAND NEW, Multinational Firms and the Theory of International Trade, James R. Markusen, Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing.Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis. Nº de ref. de la librería B9780262633079

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Descripción 2004. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería TM-9780262633079

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Descripción MIT Press Ltd, United States, 2004. Paperback. Estado de conservación: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book, James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyzes decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing.Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis. Nº de ref. de la librería BTE9780262633079

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Descripción The MIT Press, 2004. Paperback. Estado de conservación: New. Nº de ref. de la librería DADAX0262633078

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