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 | Permanent link: | http://hdl.handle.net/10197/1793 | 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 firms; Flexible manufacturing; General oligoplistic equilibrium (GOLE); International trade; Product diversity | JEL Codes: | F12; L13 | Subject LCSH: | Multiproduct firms Flexible manufacturing systems Equilibrium (Economics) International trade |
Other versions: | http://www.ucd.ie/economics/research/papers/2006/WP06.08.pdf | Language: | en | Status of Item: | Not peer reviewed | This item is made available under a Creative Commons License: | https://creativecommons.org/licenses/by-nc-sa/1.0/ |
Appears in Collections: | Economics Working Papers & Policy Papers |
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