Title data
Larch, Mario:
The Home Market Effect in Models with Multinational Enterprises.
In: Review of International Economics.
Vol. 15
(2007)
Issue 1
.
- pp. 62-74.
ISSN 1467-9396
DOI: https://doi.org/10.1111/j.1467-9396.2007.00673.x
Abstract in another language
Trade patterns in New Trade Theory models and agglomeration patterns in New Economic Geography models crucially depend on the effect that a higher local demand for products leads to a larger share of production of these products, namely the home market effect. Multinationals could exploit higher foreign demand without incurring transport costs by setting up a plant abroad, which destroys the driving force of the home market effect. This paper demonstrates that in the presence of multinationals the home market effect reappears via a different channel, relying on the repatriation of profits rather than on interindustry trade.
Further data
Item Type: | Article in a journal |
---|---|
Refereed: | Yes |
Keywords: | Home market effect; Multinationals; Transport |
Subject classification: | F12, F23 |
Institutions of the University: | Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research > Chair Economics VI: Empirical Economic Research - 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: | 14 Oct 2015 11:37 |
Last Modified: | 14 Oct 2015 11:37 |
URI: | https://eref.uni-bayreuth.de/id/eprint/16596 |