Awards
- Winner of <PrizeName>Winner, Certificate of Excellence presented by the TIAA-CREF Institute, 2003</PrizeName> 2003
- Winner of TIAA-CREF Samuelson Award Certificate of Excellence 2003.
- Winner of Winner, Certificate of Excellence presented by the TIAA-CREF Institute, 2003 2003
- Winner of Winner, Certificate of Excellence presented by the TIAA-CREF Institute, 2003</PrizeName> 2003
Overview
Despite the great importance of multinational firms in international economics, theoretical and empirical research on these firms has generally been conducted separately from that on international trade. In this book James Markusen provides a comprehensive integration of the two fields. Drawing on twenty years of research, he focuses on the interaction of scale economies, trade costs, factor endowments, and imperfect competition. He analyses decisions about whether to build or acquire a foreign plant separately from decisions about where to raise the financing. Markusen begins with the simplest possible partial equilibrium models and works systematically toward a full-fledged general equilibrium model with both horizontal and vertical foreign direct investment. He offers empirical tests of hypotheses derived from the theoretical models. The notation is unified throughout, distinctions between models are explained with thoroughly explained derivations, and numerous graphs support the analysis.
Full Product Details
Author: James R. Markusen (Professor of International Economics, University Of Colorado)
Publisher: MIT Press Ltd
Imprint: MIT Press
Edition: New edition
Dimensions:
Width: 15.20cm
, Height: 2.50cm
, Length: 22.90cm
Weight: 0.658kg
ISBN: 9780262633079
ISBN 10: 0262633078
Pages: 462
Publication Date: 20 August 2004
Recommended Age: From 18 years
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Paperback
Publisher's Status: No Longer Our Product
Availability: Awaiting stock
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.
Reviews
Markusen has penned a dream book on multinationals for students and specialists alike. The questions are essential, the results rich, and the exposition exquisite. - Donald R. Davis, Professor of Economics, Columbia University; The book will be of tremendous interest to professionals in the field.... [Markusen's] descriptive, rather than prescriptive, approach keeps the focus on the facts rather than the heated controversies surrounding them. - Civil Engineering
The book will be of tremendous interest to professionals in the field... Civil Engineering
[T]he book will be of tremendous interest to professionals in the field... Civil Engineering Magazine
Author Information
James R. Markusen is the Stanford Calderwood Professor of Economics at the University of Colorado and an NBER Research Associate.
