Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3049
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dc.creatorBarrios Cobos, Salvador-
dc.creatorGörg, Holger-
dc.creatorStrobl, Eric-
dc.date2003-
dc.date.accessioned2013-10-16T06:05:13Z-
dc.date.available2013-10-16T06:05:13Z-
dc.date.issued2013-10-16-
dc.identifierOpen economies review 0923-7992 14 2003 4 397-418-
dc.identifierhttp://hdl.handle.net/10419/3049-
dc.identifierppn:370497392-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/3049-
dc.descriptionAccording 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 Markusen and Venables (1998) as a theoretical framework, we explicitly develop, and address the properties of, empirical measures to proxy displacement of national firms by multinationals. These measures are then used to test the convergence hypothesis for a panel of data of country pairs over the years 1985–1996. Our results based on aggregate country level data provide some empirical support for the convergence hypothesis.-
dc.languageeng-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectddc:330-
dc.subjectMultinational enterprise-
dc.subjectconvergence hypothesis-
dc.subjectnew trade theory-
dc.subjectMultinationales Unternehmen-
dc.subjectNeue Außenhandelstheorie-
dc.subjectTheorie-
dc.titleMultinational enterprises and new trade theory : evidence for the convergence hypothesis-
dc.typedoc-type:article-
Appears in Collections:EconStor

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