FY 2013/2014 Research Topic: C-24
Production Patterns of Multinational Firms: Horizontal and Vertical Multinationals with Traded Intermediates
One of the key factors behind the growth in global trade in recent decades is an increase in intermediate input as a result of the development of vertical production networks. It is widely recognized that the formation of production networks is due to an expansion in the activities of multinational enterprises (MNEs). Developing economies have benefitted from the development of vertical production networks, as the networks enable them to install appropriate portions of the production stages. This study aims to clarify the requirements of attracting MNEs for developing countries by using an extension model of Zhang and Markusen  under a numerical general equilibrium framework, and to empirically test the validity of those requirements.
April 2013 - March 2015
Members of the Research Project
|[ Organizer ]||UCHIDA Yoko|
|[ Co-researcher ]||OYAMADA Kazuhiko|
- First Year: Interim Report (in Japanese) issued in March 2014
- Second Year: Articles to be submitted to academic journals.