Publication
Sep 2003
This paper features an economic model that takes into account both national and multinational companies coexisting within one country. The author argues that economic models fail to reproduce this coexistence in many sectors of developed countries because of the assumption of symmetry between companies. He finds that if companies are allowed to differ, national and multinational companies decide to internationalize production at different conditions and can therefore coexist.
Download |
English (PDF, 46 pages, 417 KB) |
---|---|
Author | Jörn Kleinert |
Series | Kiel Institute Working Papers |
Issue | 1181 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2003 Kiel Institute for the World Economy |