Industrial Economics of The Case of the International Corporation RICHARD CAVES T H E T O P I C D I S C U S S E D in this paper lies a t the intersection of two fields in economics-industrial organization and international economics, Many surveys have recently been made of the behavior and motivation of miltinational corporations, both in host countries and in home countries from which these investments originate. This paper will try to juxtapose the evidence, first with what we know about the behavior of industries within national economies, from the field of industrial organization, and then with some results derived from simple models of international trade theory. This analysis leads to some conclusions about the significance of the multinationaB corporation for the economic welfare of the nationstate, both the host country that receives the direct investment and the home country in which the parent is legally domiciled. This discussion can usefully proceed from some propositions about the theory of the firm t the industry in which the firm operates, and finally to a simple generalo equilibrium model of the economy. The theory of thejrm and conditionsfor Some peculiarities about international corporations strike the
Journal of World Trade – Kluwer Law International
Published: Apr 1, 1971
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera