Type
Article
Titre
Brands in motion: How frictions shape multinational production
Dans
American Economic Review
Auteur(s)
MAYER Thierry - Département d'économie (Auteur)
HEAD Keith - Sauder School of Business (Columbia University) (Auteur)
Éditeur
US : American Economic Association
Volume
Forthcoming
ISSN
00028282
Résumé
EN
Following the 2016 Leave vote in the referendum on UK membership in the EU and the election of Donald Trump, trade agreements have entered a period of great instability. To predict the impact of possible disruptions to existing arrangements requires counterfactual analysis that takes into account the complex set of factors influencing the production and marketing strategies of multinational corporations. We estimate a model of multinational decisionmaking in the car industry. This model predicts the production reallocation and consumer surplus consequences of changes in tariffs and non-tariff barriers induced by US-led protectionism, Brexit, Trans-Pacific and Trans-Atlantic integration agreements.

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