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Multinational Firms, Political Competition, and International Trade Policy
Oleh:
Hillman, Arye L.
;
Ursprung, Heinrich W.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
INTERNATIONAL ECONOMIC REVIEW vol. 34 no. 2 (1993)
,
page 347-364.
Topik:
FIRMS
;
multinational firms
;
political competition
;
international trade policy
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
II49.3
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This paper considers how the presence of multinational firms influences international trade policy that is determined as the outcome of political competition. Multinational firms have plants to protect in all policy jurisdictions, and hence are more protectionist than national firms which at least have an interest in free trade in export markets. Nonetheless because of changed incentives for firms to provide political support for free - trade and protectionist candidates an increased multinational presence via either merger or direct foreign investment has a liberalizing influence on trade policy.
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