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Brands in motion: how frictions shape multinational production

Head, Keith and Mayer, Thierry (2018) Brands in motion: how frictions shape multinational production. CEP Discussion Papers (CEPDP1551). Centre for Economic Performance, London School of Economics and Political Science, 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
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 27 Jun 2018 09:15
Last Modified: 20 Feb 2019 04:08
Funders: Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/88701

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