We consider a trade model combining 2x2x2 Heckscher-Ohlin structure, monopolistic competition, transport costs, and multinational corporations. demonstrate how the mix of national firms that operate in equilibrium depends on technology division world endowment between countries. Multinationals are more likely to exist similar countries both relative absolute endowments. Where multinationals the...

Most existing evidences for indeterminacy are obtained from analyzing models that do not consider trade. This paper considers an extension of Nishimura and Shimomura (Journal of Economic Theory, 2002) Heckscher-Ohlin framework by removing sector-specific externalities in one country while maintaining all other assumptions previously made by the authors. We show that even though indeterminacy ar...

This paper examines the effect of changes in factor endowments on income distribution in a four-factor, three-commodity model, in which two of the factors are region-specific while the other two are inter-regionally and inter-sectorally mobile. We provide an intermediate run model which bridges the gap between the Heckscher-Ohlin-Samuelson and the specific factor models, and which yields result...