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Symposium on organization, heterogeneity and trade

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  • Giovanni Facchini

  • Thierry Verdier

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.
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Suggested Citation

  • Giovanni Facchini & Thierry Verdier, 2009. "Symposium on organization, heterogeneity and trade," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 38(3), pages 433-436, March.
    • Handle: RePEc:spr:joecth:v:38:y:2009:i:3:p:433-436
    DOI: 10.1007/s00199-008-0330-3
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    References listed on IDEAS

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