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Symposium on organization, heterogeneity and trade

Author

Listed:
  • Giovanni Facchini

    (Aziendali e Statistiche - UNIMI - Università degli Studi di Milano = University of Milan, University of Essex, CEPR - Center for Economic Policy Research, CESifo - CESifo)

  • Thierry Verdier

    (CEPR - Center for Economic Policy Research, PJSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, Departement of Economics - University of Southampton)

Abstract

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.

Suggested Citation

  • Giovanni Facchini & Thierry Verdier, 2009. "Symposium on organization, heterogeneity and trade," PSE-Ecole d'économie de Paris (Postprint) halshs-00754390, HAL.
    • Handle: RePEc:hal:pseptp:halshs-00754390
    DOI: 10.1007/s00199-008-0330-3
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    References listed on IDEAS

    as
    1. Toshihiro Okubo, 2009. "Firm heterogeneity and Ricardian comparative advantage within and across sectors," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 38(3), pages 533-559, March.
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