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A theory of the relationships between foreign direct investment and trade

dc.contributor.authorPontes, José Pedro
dc.date.accessioned2022-01-05T11:15:01Z
dc.date.available2022-01-05T11:15:01Z
dc.date.issued2003
dc.description.abstractAlthough empirical evidence shows that the relationship between foreign direct investment (FDI) and trade is complex, theories of international investment (both vertical and horizontal) present simple patterns of relation. By allowing for different locations of vertically-related stages of production and distinguishing between trade in finished goods and trade in intermediate goods, this paper introduces a nonmonotonic relationship between multinational firms and trade costs, which must be neither too high nor too low for FDI to arise. Exports and FDI behave as complements for high levels of trade costs and as substitutes otherwise.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationPontes, José Pedro. (2003). “A theory of the relationships between foreign direct investment and trade”. Instituto Superior de Economia e Gestão - DE Working papers nº 11-2003/DE/UECEpt_PT
dc.identifier.issn0874-4548
dc.identifier.urihttp://hdl.handle.net/10400.5/22914
dc.language.isoengpt_PT
dc.publisherISEG - Departamento de Economiapt_PT
dc.subjectForeign Direct Investmentpt_PT
dc.subjectMultinationalspt_PT
dc.subjectTradept_PT
dc.subjectIntermediate Goodspt_PT
dc.titleA theory of the relationships between foreign direct investment and tradept_PT
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typeworkingPaperpt_PT

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