Location of multinational firms in asymmetric countries
Autor(a) principal: | |
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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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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 |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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