This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Accounting for the Growth of MNC-Based Trade Using a Structural Model of U.S. MNCs

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Susan E. Feinberg
Michael P. Keane

Additional information is available for the following registered author(s):

Abstract

In recent decades, U.S. foreign trade grew much faster than GDP, but there is no consensus why. Notably lacking is an understanding of the role of multinational corporations (MNCs), which mediate over half of world trade. We use Bureau of Economic Analysis data on U.S. MNCs to study the rapid growth of MNC-based trade from 1983 to 1996. Using a model of U.S. MNCs and Canadian affiliates, we decompose this growth by source. Tariff reductions can largely explain increases in arms-length MNC-based trade. But intra-firm trade growth is attributed mostly to ?technical change.? We present additional evidence suggesting just-in-time production facilitated intra-firm trade. (JEL F13, F14, F23)

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1257/aer.96.5.1515
File Format: text/html
File Function:
Download Restriction: no
File URL: http://www.aeaweb.org/articles/article_detail.php?journal=AER&volume=96&issue=5&article=6&issue_date=December2006
File Format: application/pdf
File Function:
Download Restriction: Access to full text is restricted to AEA members.
File URL: http://www.e-aer.org/data/dec06/20031095_data.zip
File Format: application/zip
File Function: dataset accompanying article
Download Restriction: no

Publisher Info
Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 96 (2006)
Issue (Month): 5 (December)
Pages: 1515-1558
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:aea:aecrev:v:96:y:2006:i:5:p:1515-1558

Contact details of provider:
Email:
Web page: http://www.aeaweb.org/aer/
More information through EDIRC

Order Information:
Web: http://www.aeaweb.org/subscribe.html

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Sascha O. Becker & Marc Andreas Muendler, 2006. "The Effect of FDI on Job Separation," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    Other versions:
  2. Egger, Peter & Pfaffermayr, Michael, 2005. "The determinants of intra-firm trade : in search for export-import magnification effects," Discussion Paper Series 1: Economic Studies 2005,12, Deutsche Bundesbank, Research Centre. [Downloadable!]
    Other versions:
  3. TOMIURA Eiichi & ITO Banri & WAKASUGI Ryuhei, 2008. "Cross-regional Variations in Offshore Outsourcing Choices: Evidence from Firm-level Data," Discussion papers 08029, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
  4. Stephen G. Hall & Pavlos Petroulas, 2008. "Spatial Interdependencies of FDI Locations: A Lessening of the Tyranny of Distance?," Working Papers 67, Bank of Greece. [Downloadable!]
    Other versions:
  5. Gene M. Grossman & Elhanan Helpman & Adam Szeidl, 2003. "Optimal Integration Strategies for the Multinational Firm," NBER Working Papers 10189, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. repec:bep:eapadv:v:8:y:2008:i:1:p:1770-1770 is not listed on IDEAS
  7. Marc-Andreas Muendler & Sascha O. Becker, 2009. "Margins of Multinational Labor Substitution," NBER Working Papers 14776, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  8. Pol Antràs & Elhanan Helpman, 2006. "Contractual Frictions and Global Sourcing," NBER Working Papers 12747, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  9. Hayakawa, Kazunobu & Matsuura, Toshiyuki, 2009. "Complex Vertical FDI and Firm Heterogeneity: Evidence from East Asia," IDE Discussion Papers 211, Institute of Developing Economies, Japan External Trade Organization(JETRO). [Downloadable!]
  10. Maria Guadalupe & Julie Wulf, 2008. "The Flattening Firm and Product Market Competition: The Effect of Trade Liberalization," NBER Working Papers 14491, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  11. Obie G. Whichard, 2003. "Measuring Globalization: The Experience of the United States of America," BEA Papers 0020, Bureau of Economic Analysis. [Downloadable!]
  12. Kei-Mu Yi, 2008. "Can multi-stage production explain the home bias in trade?," Working Papers 08-12, Federal Reserve Bank of Philadelphia. [Downloadable!]
Statistics
Access and download statistics

Did you know? It is the publishers that input data about their publications, as there is no staff at RePEc.

This page was last updated on 2009-11-16.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.