Location of multinational firms in asymmetric countries

Detalhes bibliográficos
Autor(a) principal: Pontes, José Pedro
Data de Publicação: 2003
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/2733
Resumo: In this paper, the equilibrium location choices of a large number of firms in an economy consisting of two asymmetrically-sized countries are examined in the context of an evolutionary game. The main conclusions of MARKUSEN and VENABLES concerning the existence of multinational firms (i.e. multiplant firms arise if transport costs are high in relation to plant fixed costs and if the countries are close to symmetry in size) are confirmed in an analytically solvable framework. The framework of an evolutionary game allows the exact determination of the proportions of national and multinational firms in mixed equilibria.
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spelling Location of multinational firms in asymmetric countriesForeign Direct InvestmentMultinational FirmLocation of FirmsEvolutionary GamesEconomic GeographyIn this paper, the equilibrium location choices of a large number of firms in an economy consisting of two asymmetrically-sized countries are examined in the context of an evolutionary game. The main conclusions of MARKUSEN and VENABLES concerning the existence of multinational firms (i.e. multiplant firms arise if transport costs are high in relation to plant fixed costs and if the countries are close to symmetry in size) are confirmed in an analytically solvable framework. The framework of an evolutionary game allows the exact determination of the proportions of national and multinational firms in mixed equilibria.ISEG – Departamento de EconomiaRepositório da Universidade de LisboaPontes, José Pedro2010-12-21T14:43:27Z20032003-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/2733engPontes, José Pedro. 2003. "Location of multinational firms in asymmetric countries". Instituto Superior de Economia e Gestão - DE Working papers nº 10-2003/DE/UECE0874-4548info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:33:54Zoai:www.repository.utl.pt:10400.5/2733Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:50:41.101562Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Location of multinational firms in asymmetric countries
title Location of multinational firms in asymmetric countries
spellingShingle Location of multinational firms in asymmetric countries
Pontes, José Pedro
Foreign Direct Investment
Multinational Firm
Location of Firms
Evolutionary Games
Economic Geography
title_short Location of multinational firms in asymmetric countries
title_full Location of multinational firms in asymmetric countries
title_fullStr Location of multinational firms in asymmetric countries
title_full_unstemmed Location of multinational firms in asymmetric countries
title_sort Location of multinational firms in asymmetric countries
author Pontes, José Pedro
author_facet Pontes, José Pedro
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Pontes, José Pedro
dc.subject.por.fl_str_mv Foreign Direct Investment
Multinational Firm
Location of Firms
Evolutionary Games
Economic Geography
topic Foreign Direct Investment
Multinational Firm
Location of Firms
Evolutionary Games
Economic Geography
description In this paper, the equilibrium location choices of a large number of firms in an economy consisting of two asymmetrically-sized countries are examined in the context of an evolutionary game. The main conclusions of MARKUSEN and VENABLES concerning the existence of multinational firms (i.e. multiplant firms arise if transport costs are high in relation to plant fixed costs and if the countries are close to symmetry in size) are confirmed in an analytically solvable framework. The framework of an evolutionary game allows the exact determination of the proportions of national and multinational firms in mixed equilibria.
publishDate 2003
dc.date.none.fl_str_mv 2003
2003-01-01T00:00:00Z
2010-12-21T14:43:27Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/2733
url http://hdl.handle.net/10400.5/2733
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Pontes, José Pedro. 2003. "Location of multinational firms in asymmetric countries". Instituto Superior de Economia e Gestão - DE Working papers nº 10-2003/DE/UECE
0874-4548
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv ISEG – Departamento de Economia
publisher.none.fl_str_mv ISEG – Departamento de Economia
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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