Multi-product firms and flexible manufacturing in the global economy

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Title: Multi-product firms and flexible manufacturing in the global economy
Authors: Eckel, Carsten
Neary, J. Peter
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Date: 5-May-2006
Online since: 2010-01-19T15:40:21Z
Abstract: We present a new model of multi-product firms (MPFs) and flexible manufacturing and explore its implications in partial and general equilibrium. International trade integration affects the scale and scope of MPFs through a competition effect and a demand effect. We demonstrate how MPFs adjust in the presence of single-product firms and in heterogeneous industries. Our results are in line with recent empirical evidence and suggest that MPFs in conjunction with flexible manufacturing play an important role in the impact of international trade on product diversity.
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP06/08
Keywords: Multi-product firmsFlexible manufacturingGeneral oligoplistic equilibrium (GOLE)International tradeProduct diversity
Subject LCSH: Multiproduct firms
Flexible manufacturing systems
Equilibrium (Economics)
International trade
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Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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