Intra-Industry Investment and Imperfect Markets: A Geometric Approach in Simple General Equilibrium

Laixun Zhao

ビジネス創造センターディスカッション・ペーパー (Discussion papers of the Center for Business Creation) from Otaru University of Commerce

Abstract: This paper studies intra-industry foreign direct investment in a 2*2*2 general equilibrium model with bilateral monopoly in the factor market and unilateral monopoly fn the product market. Intra-industry investment is presented as the endogenous result of the interactions between multinational firms and national unions. Robustness of results, welfare implications and distribution of income are also studied.

Keywords: Intra-Industry Investment; Labor Unions; Nash Bargaining (search for similar items in EconPapers)
Pages: 19 pages
Date: 1994-10
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Published in Discussion paper series (1994), 11: 1-19

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Persistent link: https://EconPapers.repec.org/RePEc:ota:busdis:10252/4185

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