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A Product Cycle Model of the Balance of Payments Impact of U.S Based Multinationalism

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  • Frank S Wert

    (Central State University)

Abstract

The author presents a cyclical model to conceptualize the impact that a single manufactured commodity has on the lending country's balance of payments as the product traverses the course of its life-cycle. The model depicts the relationship that exist among the different international accounts at different stages of the product cycle. Some macro-economic implications of this micro-economic model are then explored.© 1973 JIBS. Journal of International Business Studies (1973) 4, 51–64

Suggested Citation

  • Frank S Wert, 1973. "A Product Cycle Model of the Balance of Payments Impact of U.S Based Multinationalism," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 4(2), pages 51-64, June.
    • Handle: RePEc:pal:jintbs:v:4:y:1973:i:2:p:51-64
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    Cited by:

    1. Prachowny, Martin F J & Richardson, J David, 1975. "Testing a Life-Cycle Hypothesis of the Balance-of-Payments Effects of Multinational Corporations," Economic Inquiry, Western Economic Association International, vol. 13(1), pages 81-98, March.

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