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Multinational enterprises and new trade theory : evidence for the convergence hypothesis

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dc.creator Barrios Cobos, Salvador
dc.creator Görg, Holger
dc.creator Strobl, Eric
dc.date 2000
dc.date.accessioned 2013-10-16T06:24:54Z
dc.date.available 2013-10-16T06:24:54Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2721
dc.identifier ppn:343952866
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2721
dc.description 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 Markusen and Venables (1998) as a theoretical framework, we explicitly develop empirical measures to proxy bilateral FDI between two countries and address their properties with regard to the convergence hypothesis. Using a panel of data of country pairs over the years 1985-96 we econometrically test for the relationship between convergence and bilateral FDI. Our results provide some empirical support for the convergence hypothesis.
dc.language eng
dc.publisher Centre for Research on Globalisation and Labour Markets, School of Economics, Univ. of Nottingham Nottingham
dc.relation Research paper / Centre for Research on Globalisation and Labour Markets 2000,19
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Multinationales Unternehmen
dc.subject Neue Außenhandelstheorie
dc.subject Theorie
dc.title Multinational enterprises and new trade theory : evidence for the convergence hypothesis
dc.type doc-type:workingPaper


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