Industry reallocations in a globalizing economy

Journal title ECONOMIA E POLITICA INDUSTRIALE
Author/s Kristian Behrens, Gianmarco I.P. Ottaviano, Giordano Mion
Publishing Year 2009 Issue 2008/4 Language Italian
Pages 13 P. 51-63 File size 834 KB
DOI
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

Industry reallocations in a globalizing economy - We present the main insights from recent developments in New Trade Theory (NTT) on firms’ responses to globalisation and their implications for the reallocation of resources across firms and countries. In so doing, we do not want to propose a survey of the major contributions to NTT. We prefer, instead, to propose a simple twocountry partial equilibrium model that highlights the key features of NTT while bypassing most of its complexities. Both exports and foreign direct investment (henceforth, FDI) are considered, which makes the model also a useful pedagogical tool. Keywords: international integration; resource reallocation; economic geography; firm heterogeneity; multinationals. JEL Classification: F12

Kristian Behrens, Gianmarco I.P. Ottaviano, Giordano Mion, Industry reallocations in a globalizing economy in "ECONOMIA E POLITICA INDUSTRIALE " 4/2008, pp 51-63, DOI: