Arbeitspapier

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

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.

Sprache
Englisch

Erschienen in
Series: Research Paper ; No. 2000,19

Klassifikation
Wirtschaft
Thema
Multinationales Unternehmen
Neue Außenhandelstheorie
Theorie

Ereignis
Geistige Schöpfung
(wer)
Barrios Cobos, Salvador
Görg, Holger
Strobl, Eric
Ereignis
Veröffentlichung
(wer)
Centre for Research on Globalisation and Labour Markets, School of Economics, University of Nottingham
(wo)
Nottingham
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:43 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Barrios Cobos, Salvador
  • Görg, Holger
  • Strobl, Eric
  • Centre for Research on Globalisation and Labour Markets, School of Economics, University of Nottingham

Entstanden

  • 2000

Ähnliche Objekte (12)