The impact of foreign-owned companies on host economies : a computable general equilibrium approach / Concepción Latorre.

Format:

Book

Author/Creator:

Latorre, Concepción, author.

Series:

Economic issues, problems and perspectives series.

Economic Issues, Problems and Perspectives

Language:

English

Subjects (All):

International business enterprises--United States.

International business enterprises.

Physical Description:

1 online resource (240 p.)

Place of Publication:

New York, [New York] : Nova Science Publishers, Inc., 2011.

Summary:

This work analyses the macro and microeconomic effects on a host economy in regards to the entry of foreign-owned companies. In addition, this book also makes use of an applied methodology, namely, computable general equilibrium (CGE) simulations, to provide quantitative outcomes.

Contents:

THE IMPACT OF FOREIGN-OWNED COMPANIES ON HOST ECONOMIES: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH; THE IMPACT OF FOREIGN-OWNED COMPANIES ON HOST ECONOMIES: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH; LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA; DEDICATION; CONTENTS; PREFACE; FOREWORD BY HOLGER GÖRG; ACKNOWLEDGMENTS; ABSTRACT; Chapter 1: INTRODUCTION; ABSTRACT; 1. DELIMITING CONCEPTS; 1.1. Foreign Direct Investment; 1.2. The Foreign-Owned Company or Multinational Enterprise; 1.3. The Relationship between Foreign Direct Investment and Multinationals; 1.4. Fragmentation

2. MULTINATIONALS AND FOREIGN DIRECT INVESTMENT FLOWS IN THE WORLD ECONOMY3. WHY A GENERAL EQUILIBRIUM APPROACH?; 4. STRUCTURE OF THE BOOK; Chapter 2: A REVIEW OF THE LITERATURE; ABSTRACT; 1. INTRODUCTION; 2. THEORETICAL LITERATURE ON MULTINATIONAL FIRMS AND FOREIGN DIRECT INVESTMENT; 2.1. Perfect Competition Approaches (1960s): Foreign Direct Investment as a Capital Movement; 2.2. Imperfect Competition Approaches (1970s):Adding Some Aspects of Multinationals; 2.3. Imperfect Competition Since the 1980s: Vertical Versus Horizontal Multinationals; 2.4. FIRM HETEROGENEITY MODELS IN THE 2000S

2.5. Recent Contributions on Internalisation Issues3. EMPIRICAL LITERATURE ON THE EFFECTS OF MULTINATIONALS AND FOREIGN DIRECT INVESTMENT; 3.1. Two Characteristics of Multinationals with a Rather Strong Empirical Support; 3.1.1. Multinationals Are More Productive than Domestic Firms; 3.1.2. Multinationals Pay Higher Wages than Domestic Firms; 3.2. Some Empirical Effects of Multinationals and Foreign Direct Investment; 3.2.1. Foreign Direct Investment and Savings; 3.2.2. Multinationals and the Current Account; 3.2.3. Foreign Direct Investment and the Capital Stock of the Host Economy

3.2.4. Multinationals and Foreign Trade3.2.5. Multinationals and Domestic Firms' Productivity; 3.2.6. Multinationals and Market Structure; 3.2.7. Multinationals and Wages; 3.2.8. Foreign Direct Investment and Economic Growth; 4. A REVIEW OF CGE MODELS THAT INCLUDE MULTINATIONALS; 4.1. Previous CGE Models; 4.2. The Model Proposed in this Book; 5. CONCLUSIONS; Chapter 3: THE MODEL; ABSTRACT; 1. INTRODUCTION; 2. EQUATIONS OF THE MODEL; 2.1. Production; 2.2. Remuneration of Capital as a Specific Factor; 2.3. Final Domestic Demand; Public Consumption; Private Consumption; 2.4. Foreign Sector

ImportsTransport Services; 2.5. Income Balance Condition; 2.6. Market-Clearing Equations; Private Consumption; Public Consumption; Firms' Output; Imports; Transport Services; Labour; Capital; 3. OVERVIEW OF THE MODEL; APPENDIX. COMPLETE LIST OF VARIABLES AND PARAMETERS; Endogenous Variables; Production; Public Consumption; Private Consumption; Imports and Transport Services; Taxes and Subsidies; Exogenous Variables and Parameters; Production; Demand; Public Consumption; Private Consumption; Foreign Sector; Transport Services; Taxes; Elasticities; Simulation Parameters

Chapter 4: SIMULATING THE ENTRY OF MULTINATIONALS WITHOUT PROFIT REPATRIATION

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (ebrary, viewed October 5, 2016).

ISBN:

1-61668-452-6