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Intra-firm trade by the multinational enterprise

by Markusen, J.R; Western Ontario Univ., Londres (Canadá) .
Material type: materialTypeLabelBookCall number: E10 M345 Publisher: Londres (Canadá): 1987Description: 24 p.Summary: It is widely held that Multinational Enterprises (MNE) arise as a consequence of the existence of knowledge-based firm-specific assets such as superior technology or management know-how. These assets are much like public goods with the firm in that they can be costlessly supplied to additional plants, thus leading to the efficiency of multi-plant (MNE) production. Foreign direct investment (FDI) then consists of supplying the services of the assets to foreign operations and repatriated earnings are payments for these services. FDI and trade in producer services become conceptually very similar. These notions are formalized in a simple model of the MNE, and the implications for the gains from foreign investment, the role of public policy, and our balance-of-payment accounts are analyzedSubject(s): EMPRESAS TRANSNACIONALES | COMERCIO
Item type Location Collection Call number Status Date due Barcode
Documento impreso Documento impreso Colección general E10 M345 (Browse shelf) Available BVE03570008016

15 ref. Sum. (En)

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