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The Multinationalization of the Transport Sector

Title data

Larch, Mario:
The Multinationalization of the Transport Sector.
In: Journal of Policy Modeling. Vol. 29 (2007) Issue 3 . - pp. 397-416.
ISSN 0161-8938
DOI: https://doi.org/10.1016/j.jpolmod.2006.12.007

Abstract in another language

According to the World Investment Report 2004, the structure of foreign direct investment (FDI) has shifted towards services. Further, the composition of services FDI is also changing from trade and finance to such industries as electricity, water, telecommunications, storage, and transportation. In the latter sector, the value of FDI stock rose by 1600% between 1990 and 2002. Incorporating a transport sector that is dominated by multinationals and economies of scale in a new trade theory model leads to interesting predictions regarding the volume of trade and income and, hence, to a new set of policy conclusions. It also sheds new light on the de-industrialization debate.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: economies of scale; iceberg transport costs; multinationals; transport sector
Subject classification: F12; F23
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Lehrstuhl Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung
Faculties > Faculty of Law, Business and Economics > Department of Economics > Lehrstuhl Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung > Lehrstuhl für Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung - Univ.-Prof. Dr. Mario Larch
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Result of work at the UBT: No
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 15 Oct 2015 08:36
Last Modified: 15 Oct 2015 08:36
URI: https://eref.uni-bayreuth.de/id/eprint/16660