Multinational Enterprises and New Trade Theory: Evidence for the Convergence Hypothesis

Research, Preprint OPEN
Barrios, Salvador; Görg, Holger; Strobl, Eric;
  • Publisher: London: Centre for Economic Policy Research (CEPR)
  • Subject: Neue Außenhandelstheorie | Multinationales Unternehmen | F21 | F23 | Convergence; Multinational Enterprises; New Trade Theory | Theorie
    • jel: jel:F23 | jel:F21
      ddc: ddc:330

According to the ‘convergence hypothesis’ multinational companies will tend to displace national firms and trade as total market size increases and as countries converge in relative size, factor endowments, and production costs. Using a recent model developed by Markuse... View more
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