Head, Keith and Mayer, Thierry (2018) Brands in motion: how frictions shape multinational production. CEP Discussion Papers (CEPDP1551). London School of Economics and Political Science. Centre for Economic Performance, London, UK.
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Abstract
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 decision making in the car industry. This model predicts the production reallocation and consumer surplus consequences of changes in tariffs and non-tariff barriers induced by NAFTA termination, Brexit, Trans-Pacific and Trans-Atlantic integration agreements.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://cep.lse.ac.uk/ |
| Additional Information: | © 2018 The Authors |
| Divisions: | Centre for Economic Performance |
| Subjects: | H Social Sciences > HB Economic Theory J Political Science > JA Political science (General) T Technology > TL Motor vehicles. Aeronautics. Astronautics |
| Date Deposited: | 27 Jun 2018 09:15 |
| Last Modified: | 13 Sep 2024 20:41 |
| Funders: | Economic and Social Research Council |
| URI: | http://eprints.lse.ac.uk/id/eprint/88701 |
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