@article{1386317,
      recid = {1386317},
      author = {Markusen, James R.,},
      title = {Multinational firms and the theory of international trade  /},
      publisher = {MIT Press,},
      address = {Cambridge, Mass. :},
      pages = {1 online resource (xxii, 440 pages) :},
      year = {2002},
      abstract = {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 analyzes  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.},
      url = {http://library.usi.edu/record/1386317},
}