The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
The Boundaries of Multinational Enterprises and the Theory of International Trade
Abstract
This paper begins with a review of empirical evidence on multinational firms. Conceptual underpinnings of a theory are developed, relying in particular on the notion of knowledge capital as a mobile, joint input into geographically separated production facilities. This idea is embedded in a simple two-country general equilibrium model that supports multinational production in equilibrium under conditions consistent with the empirical evidence. The final section examines internalization and shows why certain properties of knowledge capital also imply a preference for transferring technologies internally within the firm, rather than through arm's-length markets.
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Citations
Cites
Technology Transfer by Multinational Firms: The Resource Cost of Transferring Technological Know-How
Teece, D. J. (1977) · The Economic Journal · doi:10.2307/2232084 · Cited by 1,464
Franchising: Firms, Markets, and Intangible Assets
Caves, R. E., & II, W. F. M. (1976) · Southern Economic Journal · doi:10.2307/1056250 · Cited by 694
Endogenous market structures in international trade (natura facit saltum)
Horstmann, I. J., & Markusen, J. R. (1992) · Journal of International Economics · doi:10.1016/0022-1996(92)90038-l · Cited by 528
Self-citationInternational Technology Transactions and the Theory of the Firm
Davidson, W. H., & McFetridge, D. G. (1984) · The Journal of Industrial Economics · doi:10.2307/2098016 · Cited by 153
Cited by
Foreign direct investment as a catalyst for industrial development
Markusen, J. R., & Venables, A. J. (1999) · European Economic Review · doi:10.1016/s0014-2921(98)00048-8 · Cited by 1,563
Self-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
Trade, Foreign Direct Investment, and International Technology Transfer: A Survey
Saggi, K. (2002) · The World Bank Research Observer · doi:10.1093/wbro/17.2.191 · Cited by 732
Metadata
- Authors
- Markusen, J. R.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 1995-05-01
- Volume
- 9
- Issue
- 2
- Pages
- 169-189
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2026403338
- Cited by
- 1,791
- References
- 4
- FWCI
- 80.33
- Type
- journal article
- Language
- en
- Open access
- closed
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- Markusen, J. R. (1995). The Boundaries of Multinational Enterprises and the Theory of International Trade. Journal of Economic Perspectives. https://doi.org/10.1257/jep.9.2.169
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
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.
