Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/2603
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dc.contributor.authorBarrios Cobos, Salvadoren_US
dc.contributor.authorGörg, Holgeren_US
dc.contributor.authorStrobl, Ericen_US
dc.date.accessioned2009-01-28T14:29:30Z-
dc.date.available2009-01-28T14:29:30Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/2603-
dc.description.abstractAccording to the ‘convergence hypothesis’, multinational companies will tend to displace national firms and trade as total market size increases and as countries converge in relative size, factor endowments, and production costs. Using a recent model developed by Markusen and Venables (1998) as a theoretical framework, we explicitly develop and address the properties of empirical measures to proxy displacement of national by multinational firms between two countries. These empirical measures are then used to test the convergence hypothesis for a panel of data of country pairs over the years 1985–96. Our results provide some empirical support for the convergence hypothesis.-
dc.language.isoengen_US
dc.publisher|aCentre for Economic Policy Research (CEPR) |cLondon-
dc.relation.ispartofseries|aCEPR Discussion Paper Series, Centre for Economic Policy Research (CEPR), London |x2827-
dc.subject.jelF21-
dc.subject.jelF23-
dc.subject.ddc330-
dc.subject.stwMultinationales Unternehmenen_US
dc.subject.stwNeue Außenhandelstheorieen_US
dc.subject.stwTheorieen_US
dc.titleMultinational enterprises and new trade theory: Evidence for the convergence hypothesisen_US
dc.typeWorking Paperen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.printppn331923599en_US

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