International Trade, Foreign Direct Investment, and Domestic Market Performance

Barbara El-Osta, Craig MacPhee and David Rosenbaum
Additional contact information
Barbara El-Osta: General Accounting Office
Craig MacPhee: University of Nebraska
David Rosenbaum: University of Nebraska

Eastern Economic Journal, 1996, vol. 22, issue 1, 63-74

Abstract: We develop a model to estimate simultaneously import shares, export shares, outward foreign direct investment and domestic profits for a large sample of U.S. manufacturing industries. In our model, trade barriers alter the ability of domestic market structure to influence domestic performance. The results indicate that trade flows behave as expected in response to factor intensity. Profits are disciplined by imports and enhanced by exports. Concentration reduces both import and export shares but economies of scale increase them. Exports are complements rather than substitutes for foreign direct investment.

Keywords: Concentration; Exports; Foreign Direct Investment; Import; International Trade; Market Performance; Market Structure; Trade (search for similar items in EconPapers)
JEL-codes: F12 F14 F21 L11 (search for similar items in EconPapers)
Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://web.holycross.edu/RePEc/eej/Archive/Volume22/V22N1P63_74.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eej:eeconj:v:22:y:1996:i:1:p:63-74

Access Statistics for this article

Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

More articles in Eastern Economic Journal from Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Victor Matheson, College of the Holy Cross ().