期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2007
卷号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:We develop a model with two asymmetric countries. Firms choose the number and
the location of plants that they operate. The production of each firm increases when
trade costs fall. The fall also induces multinationals to repatriate their production into
a single country, which is likely to be the large country because of the home market
effect. The net effect on total output is favorable in the large country and ambiguous
in the small country. We extend the model to endogenize country sizes and we show
that in an equilibrium with multinationals only, a rent can be taxed by governments.
关键词:globalization, economic geography, trade costs, multinational firms, home
market effect