International Trade and Multinational Activity Heterogeneity of Firm
During the last 25 year, the neoclassical Heckscher-Ohlin trade theory has been extended to the ‘new’ trade theory by including imperfect competition and fixed costs into the analysis of trade relations. Furthermore, these micro-oriented trade models are
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Founding Editors: M. Beckmann H.P. Kiinzi Managing Editors: Prof. Dr. G. Fandel Fachbereich Wirtschaftswissenschaften Fernuniversitat Hagen Feithstr. 140/AVZ II, 58084 Hagen, Germany Prof. Dr. W. Trockel Institut fiir Mathematische Wirtschaftsforschung (IMW) Universitat Bielefeld Universitatsstr. 25, 33615 Bielefeld, Germany Editorial Board: A. Basile, A. Drexl, H. Dawid, K. Inderfurth, W. Kiirsten, U. Schittko
Julian Emami Namini
International Trade and Multinational Activity Heterogeneity of Firms, Incentives for Foreign Direct Investment, and International Business Cycle Dynamics
With 37 Figures and 1 Table
Sprin ger
Dr. Julian Emami Namini Department of Economics University of Duisburg-Essen, Campus Essen 45117 Essen Germany E-mail: emami®vwLuni-essen.de
ISBN-10 3-540-32718-5 Springer Berlin Heidelberg New York ISBN-13 978-3-540-32718-9 Springer Berlin Heidelberg New York This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer-Verlag. Violations are liable for prosecution under the German Copyright Law. Springer is a part of Springer Science+Business Media springeronline.com © Springer-Verlag Berlin Heidelberg 2006 Printed in Germany The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt fi^om the relevant protective laws and regulations and therefore free for general use. Typesetting: Camera ready by author Cover: Erich Kirchner, Heidelberg Production: LE-TgX, Jelonek, Schmidt & Vockler GbR, Leipzig SPIN 11681465
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Meinen Eltern
Preface
This book is a revised version of my doctoral thesis which was accepted by the Department of Economics at the University of Duisburg-Essen, Campus Essen, Germany. Its inception was conceived following a series of discussions with my academic teacher and doctoral advisor Professor Volker Clausen, to whom I owe my sincere gratitude for his first-class support over the last few years. I am also deeply appreciative for the efforts of Professor James R. Markusen of the University of Colorado in Boulder, CO, USA, who, as a member of my doctoral committee, contributed many invaluable suggestions which have greatly improved my thesis. A further acknowledgement is extended to Dr. habil. Bernd Kempa, the third member of the committee. As one of my colleagues over the years, Bernd Kempa was a constant source of support and guidance. Last, but certainly not least, I wish to thank Professor Bernd Hayo, who although not a member of the doctoral commit
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