The multinationalization of the transport sector
AbstractAccording to the World Investment Report 2004, the structure of Fmhas shifted towards services. Further, the composition of services FDI isalso changing from trade and finance to such industries as electricity, water ,telecommunications, storage and transportation. In the latter sector the valueof FDI stock rose 16-fold between 1990 and 2002. Incorporating a transportsector dominated by multinationals and economies of scale in a modelof thenew trade theory leads to different predictions regarding the volume of tradeand income as compared to a model with iceberg transport costs. It alsoopens up a further possibility for specialization.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Journal of Policy Modeling.
Volume (Year): 29 (2007)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/505735
Other versions of this item:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
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.:
- James E. Anderson & Eric van Wincoop, 2004.
NBER Working Papers
10480, National Bureau of Economic Research, Inc.
- Johannes Bröcker & Nils Schneekloth, 2005. "European Transport Policy and Cohesion - An Assessment by CGE Analysis," ERSA conference papers ersa05p624, European Regional Science Association.
- Van Schijndel, W. -J. & Dinwoodie, J., 2000. "Congestion and multimodal transport: a survey of cargo transport operators in the Netherlands," Transport Policy, Elsevier, vol. 7(4), pages 231-241, October.
- Donald R. Davis, 1997.
"The Home Market, Trade and Industrial Structure,"
Harvard Institute of Economic Research Working Papers
1800, Harvard - Institute of Economic Research.
- Donald R. Davis, 1997. "The Home Market, Trade, and Industrial Structure," NBER Working Papers 6076, National Bureau of Economic Research, Inc.
- Davis, D.R., 1997. "The Home Market, Trade, and Industrial Structure," Papers 597, Harvard - Institute for International Development.
- Donald R. Davis, 1997. "The home market, trade, and industrial structure," Staff Reports 35, Federal Reserve Bank of New York.
- Dixit, Avinash K & Stiglitz, Joseph E, 1977.
"Monopolistic Competition and Optimum Product Diversity,"
American Economic Review,
American Economic Association, vol. 67(3), pages 297-308, June.
- Dixit, Avinash K & Stiglitz, Joseph E, 1975. "Monopolistic Competition and Optimum Product Diversity," The Warwick Economics Research Paper Series (TWERPS) 64, University of Warwick, Department of Economics.
- Brown, D.K. & Stern, R.M., 1999.
"Measurement and Modeling of the Economic Effects of Trade and Investment Barriers in Services,"
453, Research Seminar in International Economics, University of Michigan.
- Brown, Drusilla K & Stern, Robert M, 2001. "Measurement and Modeling of the Economic Effects of Trade and Investment Barriers in Services," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 262-86, May.
- Drusilla K. Brown & Robert M. Stern, 2000. "Measurement and Modeling of the Economic Effects of Trade and Investment Barriers in Services," Discussion Papers Series, Department of Economics, Tufts University 0001, Department of Economics, Tufts University.
- Kashif S. Mansori, 2003. "The Geographic Effects of Trade Liberalization with Increasing Returns in Transportation," Journal of Regional Science, Wiley Blackwell, vol. 43(2), pages 249-268.
- Joseph F. Francois, 1990. "Trade in Producer Services and Returns Due to Specialization under Monopolistic Competition," Canadian Journal of Economics, Canadian Economics Association, vol. 23(1), pages 109-24, February.
- Casas, Fran?ois R. & Choi, E. Kwan, 1990. "Transport Innovation and Welfare Under Variable Returns to Scale," Staff General Research Papers 278, Iowa State University, Department of Economics.
- Joseph Francois & Ian Wooton, 2000.
"Trade in International Transport Services: The Role of Competition,"
Tinbergen Institute Discussion Papers
00-057/2, Tinbergen Institute.
- Francois, Joseph F & Wooton, Ian, 2001. "Trade in International Transport Services: The Role of Competition," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 249-61, May.
- Francois, Joseph & Wooton, Ian, 2000. "Trade in International Transport Services: The Role of Competition," CEPR Discussion Papers 2377, C.E.P.R. Discussion Papers.
- Casas, F R, 1981. "Transport Costs in the Pure Theory of International Trade: Some Comments," Economic Journal, Royal Economic Society, vol. 91(363), pages 741-44, September.
- Markusen, James R, 1989. "Trade in Producer Services and in Other Specialized Intermediate Inputs," American Economic Review, American Economic Association, vol. 79(1), pages 85-95, March.
- Markusen, James R., 2002.
"Multinational Firms and the Theory of International Trade,"
8380, University Library of Munich, Germany.
- James R. Markusen, 2004. "Multinational Firms and the Theory of International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262633078.
- J.Peter Neary, 2001.
"Of Hype and Hyperbolas: Introducing the New Economic Geography,"
Journal of Economic Literature,
American Economic Association, vol. 39(2), pages 536-561, June.
- J. Peter Neary, 2000. "Of Hype and Hyperbolas - Introducing the new Economic Geography," Working Papers 200019, School Of Economics, University College Dublin.
- Inglada, Vicente & Rey, Belen & Rodriguez-Alvarez, Ana & Coto-Millan, Pablo, 2006. "Liberalisation and efficiency in international air transport," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(2), pages 95-105, February.
- Francois, Joseph F, 1990. "Producer Services, Scale, and the Division of Labor," Oxford Economic Papers, Oxford University Press, vol. 42(4), pages 715-29, October.
- Casas, Fran?ois R. & Choi, E. Kwan, 1985. "Some Paradoxes of Transport Costs in International Trade Theory," Staff General Research Papers 10606, Iowa State University, Department of Economics.
- Eschenbach, Felix & Hoekman, Bernard, 2005.
"Services policy reform and economic growth in transition economies, 1990-2004,"
Policy Research Working Paper Series
3663, The World Bank.
- Eschenbach, Felix & Hoekman, Bernard, 2006. "Services Policy Reform and Economic Growth in Transition Economies, 1990-2004," CEPR Discussion Papers 5625, C.E.P.R. Discussion Papers.
- Casas, F R, 1983. "International Trade with Produced Transport Services," Oxford Economic Papers, Oxford University Press, vol. 35(1), pages 89-109, March.
- Konan, Denise Eby & Maskus, Keith E., 2006.
"Quantifying the impact of services liberalization in a developing country,"
Journal of Development Economics,
Elsevier, vol. 81(1), pages 142-162, October.
- Konan, Denise Eby & Maskus, Keith E., 2003. "Quantifying the impact of services liberalization in a developing country," Policy Research Working Paper Series 3193, The World Bank.
- Asteris, Michael & Collins, Alan & Jones, Dylan F., 2012. "Container port infrastructure in north-west Europe: Policy-level modeling," Journal of Policy Modeling, Elsevier, vol. 34(2), pages 312-324.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.