摘要：Market integration is a dynamic, interactive, and spillover-driven process.
Markets integrate along organizational, spatial, and temporal dimensions. States and
firms comprise the organizational dimension. A bargaining matrix distributes their
respective advantages according to different types of international investment
transactions, the temporal or time-based dimension. A three-dimensional market
structure – organizational, spatial, and temporal (OST) – emerges and allows us to
‘construct’ the structure of market risk associated with different types of international
investment.
