Trade Regime Choice in the Presence of International Ownership

Autor: Jae Hyeong Kang, Sanghack Lee
Jazyk: angličtina
Rok vydání: 2000
Předmět:
Zdroj: East Asian Economic Review, Vol 4, Iss 4, Pp 59-77 (2000)
Druh dokumentu: article
ISSN: 2508-1640
2508-1667
DOI: 10.11644/KIEP.JEAI.2000.4.4.73
Popis: This paper examines the effects of international ownership of firms on trade pattern and values of firms in the intra-industry trade model. Specifically, we consider the possibility that international ownership of firms affects trade flow and firm values via strategic trade policies. We show that international trade and production patterns in such models are determined by the extent of international ownership of firms. We also examine how expectation of government intervention changes the extent of international ownership of the firms. We then consider the possibility that trade regime is chosen by international shareholders.
Databáze: Directory of Open Access Journals