A Simple Theory of International Trade with Multinational Corporations
构建了一个简单的一般均衡模型，将工厂选址作为决策变量，分析跨国公司如何利用营销、管理等企业特定资产进行国际生产，并预测贸易模式、贸易量、产业内贸易和公司内贸易份额如何随国家规模和要素禀赋差异变化。
Using the idea that firm-specific assets associated with marketing, management, and product-specific R & D can be used to service production plants in countries other than the country in which these inputs are employed, I develop a simple general equilibrium model of international trade in which the location of plants in a differentiated product industry is a decision variable. The model is then used to derive predictions of trade pattern, volumes of trade, the share of intra-industry trade, and the share of intrafirm trade as functions of relative country size and differences in relative factor endowments.