000 03142cam a22004337 4500
001 w18775
003 NBER
005 20211020110348.0
006 m o d
007 cr cnu||||||||
008 210910s2013 mau fo 000 0 eng d
100 1 _aAntràs, Pol.
245 1 0 _aMultinational Firms and the Structure of International Trade /
_cPol Antràs, Stephen R.Yeaple.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2013.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w18775
500 _aFebruary 2013.
520 3 _aThis article reviews the state of the international trade literature on multinational firms. This literature addresses three main questions. First, why do some firms operate in more than one country while others do not? Second, what determines in which countries production facilities are located? Finally, why do firms own foreign facilities rather than simply contract with local producers or distributors? We organize our exposition of the trade literature on multinational firms around the workhorse monopolistic competition model with constant-elasticity-of-substitution (CES) preferences. On the theoretical side, we review alternative ways to introduce multinational activity into this unifying framework, illustrating some key mechanisms emphasized in the literature. On the empirical side, we discuss the key studies and provide updated empirical results and further robustness tests using new sources of data.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aD2 - Production and Organizations
_2Journal of Economic Literature class.
690 7 _aD21 - Firm Behavior: Theory
_2Journal of Economic Literature class.
690 7 _aD22 - Firm Behavior: Empirical Analysis
_2Journal of Economic Literature class.
690 7 _aD23 - Organizational Behavior • Transaction Costs • Property Rights
_2Journal of Economic Literature class.
690 7 _aF1 - Trade
_2Journal of Economic Literature class.
690 7 _aF12 - Models of Trade with Imperfect Competition and Scale Economies • Fragmentation
_2Journal of Economic Literature class.
690 7 _aF2 - International Factor Movements and International Business
_2Journal of Economic Literature class.
690 7 _aF23 - Multinational Firms • International Business
_2Journal of Economic Literature class.
690 7 _aF61 - Microeconomic Impacts
_2Journal of Economic Literature class.
690 7 _aL2 - Firm Objectives, Organization, and Behavior
_2Journal of Economic Literature class.
700 1 _aR.Yeaple, Stephen.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w18775.
856 4 0 _uhttps://www.nber.org/papers/w18775
856 _yAcceso en línea al DOI
_uhttp://dx.doi.org/10.3386/w18775
942 _2ddc
_cW-PAPER
999 _c329347
_d287909