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dc.contributor.authorAntras, Pol
dc.contributor.authorFoley, C. Fritz
dc.date.accessioned2009-11-03T18:54:51Z
dc.date.issued2009
dc.identifier.citationAntras, Pol, and C. Fritz Foley. 2009. Regional trade integration and multinational firm strategies. Nber Working Paper No. 14891.en_US
dc.identifier.issn0898-2937en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:3374522
dc.description.abstractThis paper analyzes the effects of the formation of a regional trade agreement on the level and nature of multinational firm activity. We examine aggregate data that captures the response of U.S. multinational firms to the formation of the ASEAN free trade agreement. Observed patterns guide the development of a model in which heterogeneous firms from a source country decide how to serve two foreign markets. Following a reduction in tariffs on trade between the two foreign countries, the model predicts growth in the number of source-country firms engaging in foreign direct investment, growth in the size of affiliates that are active in reforming countries both before and after the tariff reduction, and an increase in the extent to which the sales of affiliates in reforming countries are directed towards other reforming countries. Analysis of firm-level responses to the creation of the ASEAN free trade agreement yields results that are consistent with these predictions.en_US
dc.description.sponsorshipEconomicsen_US
dc.language.isoen_USen_US
dc.publisherNational Bureau of Economic Researchen_US
dc.relation.isversionofhttp://www.nber.org/papers/w14891en_US
dc.relation.hasversionhttp://papers.ssrn.com/sol3/papers.cfm?abstract_id=1375488en_US
dash.licenseOAP
dc.titleRegional Trade Integration and Multinational Firm Strategiesen_US
dc.typeJournal Articleen_US
dc.description.versionAccepted Manuscripten_US
dc.relation.journalNber Working Paper Seriesen_US
dash.depositing.authorAntras, Pol
dc.date.available2009-11-03T18:54:51Z
dc.identifier.doi10.3386/w14891
dash.contributor.affiliatedAntras, Pol


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