

Author: THOMPSON HENRY
Publisher: Routledge Ltd
ISSN: 1016-8737
Source: International Economic Journal, Vol.7, Iss.3, 1993-0, pp. : 33-41
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
This paper cxamines the impact of foreign management as a separate input in a competitive economy open to both international trade and international movement of productive capital. Three inputs (capital, labor, management) are used to produce two final goods in a model characterized by competition, homogeneous products, and full employment. This model provides a simple starting point for the study of multinational firm activity, building on the fundamental competitive factor proportions model of production and trade. A clear distinction arises between international movements of capital and management, and international movements of the two inputs are linked. [F 11, F 23]
Related content




INTANGIBLE CAPITAL AND INTERNATIONAL INCOME DIFFERENCES
Macroeconomic Dynamics, Vol. 17, Iss. 3, 2011-11 ,pp. :


Will Foreign Capital Inflow Alleviate Income Inequality?
By Wu Xiaodong
Journal of the Asia Pacific Economy, Vol. 10, Iss. 4, 2005-01 ,pp. :




Robin Hood and the redistribution of property income
European Journal of Political Economy, Vol. 11, Iss. 3, 1995-09 ,pp. :