Multinational Corporations and Industrial Employment

Multinational Corporations and Industrial Employment

The paper is to present a theory consistent with the stylised facts that employment and wages in the manufacturing sectors of the developed nations decline. It focuses on a world of multinational corporations where capital and technology are increasingly mobil.

Ⅰ.Introduction

Ⅱ.The Model

Ⅲ.Factor Supply and Multinational Firms

Ⅳ.Some Concluding Remarks

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