A large fraction of affiliates owned by multinational manufacturing companies operate in the
wholesale and retail sectors. This paper proposes a model of trade, horizontal FDI, and …

1 Introduction qr vity equ tions re le rly the domin ting tool for the empiri ln lysis of intern E
tion l tr de flowsF hespite their rem rk ly simple stru tureD they fit the dt surprisingly wellF e …

We explore welfare properties in a firm heterogeneity model with multinational production
and export. The presence of multinational production plays a crucial role in delivering a …

Intrafirm trade and arm's-length trade play an important role in trade arena. 1 Dunning
(1994) shows that a large part of international trade is conducted by multinational firms …

The presence of multinational production in an otherwise standard model of trade with
heterogeneous firms generates an endogenous upper bound on the productivity distribution …

A large fraction of affiliates owned by multinational manufacturing companies operate in the
wholesale and retail sectors. This paper proposes a model of trade, horizontal FDI, and …

Abstract: No âmbito da Economia Política Internacional, os componentes de variância dos
fatores político-econômicos de atração dos investimentos diretos externos (IDEs ou FDI) têm …

Introducing intermediate goods is a well known way to explain vertical Foreign Direct
Investment (FDI), however this paper argues that the characteristics of intermediate goods …