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| Author: | Dei, F. |
| Title: | A note on multinational corporations in a model of reciprocal dumping |
| Journal: | Journal of International Economics
1990 : AUG, VOL. 29:1-2, p. 161-171 |
| Index terms: | MULTINATIONAL COMPANIES DUMPING TRANSPORT COSTS WELFARE |
| Language: | eng |
| Abstract: | One of the interesting topics in the theory of the multinational corporations (MNCs) is to explain the phenomenon of mutual penetration of MNCs. Some previous research results are reviewed. A new reciprocal dumping model with additional parameters that measure country size is presented. The main results obtained are: 1. the presence of transport costs causes mutual penetration of MNCs; 2. the larger country tends to lose and the smaller country tends to gain; 3. global welfare increases. In the appendix the implications of tariffs and differential marginal costs of production are considered. |
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