Symposium on organization, heterogeneity and trade

Giovanni Facchini (1, 2, 3, 4) , Thierry Verdier (3, 5, 6, 7)

1 Aziendali e Statistiche
2 University of Essex
3 CEPR - Center for Economic Policy Research
4 CESifo
5 PJSE - Paris-Jourdan Sciences Economiques
6 PSE - Paris School of Economics
7 Departement of Economics

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.

Domaines: Economies et finances

Giovanni Facchini, Thierry Verdier. Symposium on organization, heterogeneity and trade. Economic Theory, 2009, 38 (3), pp.433-436. ⟨10.1007/s00199-008-0330-3⟩. ⟨halshs-00754390⟩