Arbeitspapier
Multinational Activity in a Macroeconomic Model of the Small Open Economy
We study the effects of FDI and increasing multinational activity utilizing a macroeconomic two-sector model of the small open economy with flexible exchange rates and perfect capital mobility. The focus is on horizontal greenfield investment and its impact on production, exchange rates, trade, and welfare. In the host country, an increase in multinational activity harms the established industries. Nevertheless it increases welfare. In the home country, an increase in multinational activity lowers domestic output of the established industries too and, thereby, decreases welfare.
- Sprache
-
Englisch
- Erschienen in
-
Series: HWWA Discussion Paper ; No. 306
- Klassifikation
-
Wirtschaft
International Investment; Long-term Capital Movements
Open Economy Macroeconomics
- Thema
-
Foreign Direct Investment
Multinational activity
Welfare effects
Macroeconomic effects
Direktinvestition
Kleines-offenes-Land
Wohlfahrtseffekt
Makroökonomischer Einfluss
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Otto, Alkis Henri
- Ereignis
-
Veröffentlichung
- (wer)
-
Hamburg Institute of International Economics (HWWA)
- (wo)
-
Hamburg
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Otto, Alkis Henri
- Hamburg Institute of International Economics (HWWA)
Entstanden
- 2004
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