Working Paper

Trade and the Internationalization of Production


  • Kleinert
  • J.
Publication Date

Whereas many empirical studies show that the internationalization of production is driven by falling distance costs, theoretical models of the endogenous emergence of multinational enterprises predict the opposite. This paper argues that this dichotomy ca


JEL Classification
F12, F23, L22

Key Words

  • Allgemeines Gleichgewicht
  • general equilibrium
  • Handel
  • multinational enterprise
  • trade