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Journal Articles Economic Theory Year : 2009

Symposium on organization, heterogeneity and trade

Abstract

The growing importance of multinational corporations in world trade has been widely documented in the empirical literature. UNCTAD (2002), for instance, finds that the sales of foreign affiliates of multinational corporations have increased much faster than exports of goods and non-factor services. Trade in intermediate inputs has also expanded substantially and FDI in the service sector has grown at an unprecedented pace.

Dates and versions

halshs-00754390 , version 1 (20-11-2012)

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Giovanni Facchini, Thierry Verdier. Symposium on organization, heterogeneity and trade. Economic Theory, 2009, 38 (3), pp.433-436. ⟨10.1007/s00199-008-0330-3⟩. ⟨halshs-00754390⟩
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