International trade and multinational activity : heterogeneity of firms, incentives for foreign direct investment, and international business cycle dynamics / Julian Emami Namini
Introduction -- Gains from Trade with Firm Heterogeneity -- The International Organization of the Firm -- International Business Cycle Dynamics with Heckscher-Ohlin Trade -- Conclusions
Summary
Investigates the dynamic welfare effects of exposure to trade in a new trade model. This book uses a new trade model to explore which country-specific conditions give rise to horizontal or vertical multinational activity. It analyzes the role of goods trade and horizontal multinational firms in international business cycle transmission