Monday, 14 October 2019

Multinational enterprises in time and space: The effect of trade policy shocks

a column by Stefania Garetto, Lindsay Oldenski and Natalia Ramondo for VOX: CEPR’s Policy Portal

Multinational enterprises play an important role in coordinating production around the globe.

This column presents a dynamic quantitative model of multinational enterprise expansion that can be used to analyse the effects of policies that affect the cost of the operations of such firms. It uses this model to estaimte the impact of potential implementations of Brexit.

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