Export-Platform Foreign Direct Investment

作者: Karolina Ekholm , Rikard Forslid , James R. Markusen

DOI: 10.1162/JEEA.2007.5.4.776

关键词:

摘要: A poorly understood empirical phenomenon is export-platform affiliate production (EP), particularly for sale in third countries rather than the parent or host countries. We develop a three-region model, with two identical large, high-cost (collectively called North) and small, low-cost country (South). The large each have one firm. Our theory section analyzes conditions under which both of these firms uses South to produce (a) export back (home-country EP), (b) other (third-country (c) (global EP). free-trade area between northern can lead insider firm choosing home global EP outsider third-country range parameter values. shows relevance this outcome. Foreign manufacturing affiliates US multinationals inside North America concentrate on home-country while Europe EP. (JEL: F12, F23)

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