Data/hora: 09/06/2024 06:10:49

Provedor de dados: | 31
País: | United States
Título: | Multinational Activity in a Macroeconomic Model of the Small Open Economy
Autores: | Otto,   Alkis Henri.
Data: | 2006-03-15
Ano: | 2004
Palavras-chave: | Foreign Direct Investment; Multinational activity; Welfare effects; Macroeconomic effects; International Relations/Trade; F21; F41.
Resumo: | We study the effects of FDI and increasing multinational activity utilizing a macroeconomic two-sector model of the small open economy with flexible exchange rates and perfect capital mobility. The focus is on horizontal greenfield investment and its impact on production, exchange rates, trade, and welfare. In the host country, an increase in multinational activity harms the established industries. Nevertheless it increases welfare. In the home country, an increase in multinational activity lowers domestic output of the established industries too and, thereby, decreases welfare.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

20230

http://purl.umn.edu/26242

Editor: | AgEcon Search

Relação:

Hamburg Institute of International Economics&gt;Discussion Paper Series

HWWA Discussion Paper 306

Formato:

17

application/pdf