Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/17906
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dc.contributor.authorKleinert, Jörnen_US
dc.date.accessioned2009-01-28T15:00:16Z-
dc.date.available2009-01-28T15:00:16Z-
dc.date.issued2000en_US
dc.identifier.urihttp://hdl.handle.net/10419/17906-
dc.description.abstractThis paper brings forward a three-country model to analyze the internationalization process in the age of globalization. It is shown that investment of one company increases not only the incentive to invest in another country for every national competitor but for third country's companies as well. That results from the adjustment of the host country's companies which react to their shrinking market share by reducing output and raising the price of their goods. Some host country's companies exit the market. The results are used to explain the surge of foreign direct investment since the mid-1980s.en_US
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKiel Working Paper |x969en_US
dc.subject.jelF12en_US
dc.subject.jelF21en_US
dc.subject.jelF23en_US
dc.subject.ddc330en_US
dc.subject.keywordgeneral equilibriumen_US
dc.subject.keywordglobalizationen_US
dc.subject.keywordmultinational enterprisesen_US
dc.subject.stwDirektinvestitionen_US
dc.subject.stwMultinationales Unternehmenen_US
dc.subject.stwGlobalisierungen_US
dc.subject.stwStandorttheorieen_US
dc.subject.stwMehr-Länder-Modellen_US
dc.subject.stwMehr-Sektoren-Modellen_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwTheorieen_US
dc.titleGlobalization of the World Economy: What Happened in 1985?en_US
dc.typeWorking Paperen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkwp:969-
dc.identifier.printppn311586899en_US

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