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A Simple Theory of International Trade with Multinational Corporations
Open accessAbstract
Using the idea that firm-specific assets associated with marketing, management, and product-specific R & D can be used to service production plants in countries other than the country in which these inputs are employed, I develop a simple general equilibrium model of international trade in which the location of plants in a differentiated product industry is a decision variable. The model is then used to derive predictions of trade pattern, volumes of trade, the share of intra-industry trade, and the share of intrafirm trade as functions of relative country size and differences in relative factor endowments.
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Citations
Cited by
Export Versus FDI with Heterogeneous Firms
Helpman, E., Melitz, M. J., & Yeaple, S. R. (2004) · American Economic Review · doi:10.1257/000282804322970814 · Cited by 4,030
“See Helpman (1984, 1985), Markusen (2002, Ch. 9), and Gordon H. Hanson et al. (2002) for treatments of this form of FDI.”
BackgroundSelf-citationThe Eclectic (OLI) Paradigm of International Production: Past, Present and Future
Dunning, J. H. (2001) · International Journal of the Economics of Business · doi:10.1080/13571510110051441 · Cited by 1,560
Firms, Contracts, and Trade Structure
Antras, P. (2003) · The Quarterly Journal of Economics · doi:10.1162/003355303322552829 · Cited by 1,194
Jensen, N. M. (2003) · International Organization · doi:10.1017/s0020818303573040 · Cited by 1,017
Estimating the Knowledge-Capital Model of the Multinational Enterprise: Comment
Blonigen, B. A., Davies, R. B., & Head, K. (2003) · American Economic Review · doi:10.1257/000282803322157214 · Cited by 867
Metadata
- Authors
- Helpman, E.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1984-06
- Volume
- 92
- Issue
- 3
- Pages
- 451-471
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2069330226
- Cited by
- 1,996
- References
- 0
- FWCI
- 16.97
- Type
- journal article
- Language
- en
- Open access
- green
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- Helpman, E. (1984). A Simple Theory of International Trade with Multinational Corporations. Journal of Political Economy. https://doi.org/10.1086/261236
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
