The study of multinationals in international trade: Revisiting the literature
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comunitat-uji-handle2:10234/71324
comunitat-uji-handle3:10234/111700
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Title
The study of multinationals in international trade: Revisiting the literatureAuthor (s)
Tutor/Supervisor; University.Department
Alguacil Marí, María Teresa; Jaramillo Gutiérrez, Ainhoa; Universitat Jaume I. Departament d'EconomiaDate
2021-07-16Publisher
Universitat Jaume IAbstract
In this project, we focus on the theories of international trade and heterogeneous
multinational firms. With these objectives in mind, we revisited the related literature. We try to
show the developments in the ... [+]
In this project, we focus on the theories of international trade and heterogeneous
multinational firms. With these objectives in mind, we revisited the related literature. We try to
show the developments in the theory of trade and multinational firms in relation with the
behavior of heterogeneous firms; their self-selection, and how they can influence in the global
market. Overall, we find that the success archived by firms when operating in international
markets is due to a mix of different components that eventually leads to an increase of social
welfare. In this way, firstly, they get a greater productivity compared to its competitors. They
also enhance innovation, and the comparative advantage position of firms in terms of
ownership, and internalization. Secondly, the presence of multinational firms might improve
social welfare through wage increases and technological progress. [-]
Subject
Description
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2020/2021
Type
info:eu-repo/semantics/bachelorThesisRights
info:eu-repo/semantics/openAccess
This item appears in the folowing collection(s)
- Grau en Economia [292]