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dc.contributor.authorKleinert, Jörnen
dc.date.accessioned2009-01-28T15:00:16Z-
dc.date.available2009-01-28T15:00:16Z-
dc.date.issued2000-
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
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x969en
dc.subject.jelF12en
dc.subject.jelF21en
dc.subject.jelF23en
dc.subject.ddc330en
dc.subject.keywordgeneral equilibriumen
dc.subject.keywordglobalizationen
dc.subject.keywordmultinational enterprisesen
dc.subject.stwDirektinvestitionen
dc.subject.stwMultinationales Unternehmenen
dc.subject.stwGlobalisierungen
dc.subject.stwStandorttheorieen
dc.subject.stwMehr-Länder-Modellen
dc.subject.stwMehr-Sektoren-Modellen
dc.subject.stwAllgemeines Gleichgewichten
dc.subject.stwTheorieen
dc.titleGlobalization of the World Economy: What Happened in 1985?-
dc.typeWorking Paperen
dc.identifier.ppn85986023Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:969en
dc.identifier.printppn311586899en

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