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| Preface | |
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| The Multinational Enterprise as an Economic Organization | |
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| Horizontal Multiplant Enterprises and the MNE | |
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| Vertically Integrated MNEs | |
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| Portfolio Diversification and the Diversified MNE | |
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| Summary | |
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| The MME and Models of International Economic Activity | |
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| Foreign Direct investment and International Capital Flows | |
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| Exporting or Foreign Direct Investment? | |
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| Foreign Investment and Resource Allocation in the World Economy | |
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| Distribution of Foreign Investment Among Countries | |
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| Summary | |
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| Organization and Growth of the MNE | |
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| Expansion of the Firm | |
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| Organizational Structure | |
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| Effects of Organization: New Venture or Acquisition? | |
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| Joint Ventures or Other Agreement Between Firms? | |
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| Summary | |
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| Patterns of Market Competition | |
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| Foreign Investment and Oligopoly | |
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| Market Behavior with MNEs Present | |
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| Competition Policy and National Welfare | |
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| Vertically Integrated MNEs and Competition for Resource Rents | |
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| Summary | |
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| Income Distribution and Labor Relations | |
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| Income Distribution in General Equilibrium | |
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| Employment and Wages: Short Run and Long Run | |
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| Labor-Management Relations and Collective Bargaining | |
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| Summary | |
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| Investment Behavior and Financial Flows | |
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| Capital Formation and Foreign Direct Investment Flows | |
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| Long-Term Financing Decisions and Financial-Asset Markets | |
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| Foreign-Exchange Rates, Short-Term Transactions | |
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| Summary | |
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| Technology and Productivity | |
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| The MNE as Producer of Technical Knowledge | |
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| Licensing or Foreign Direct Investment? | |
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| General-Equilibrium and Welfare Aspects | |
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| Knowledge Stocks and Spillovers | |
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| Summary | |
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| Taxation, MNEs' Behavior, and Economic Welfare | |
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| Corporation Income Taxes, Market Distortions, and World Welfare | |
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| Tax Conventions and National Welfare | |
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| National Tax Policies: Empirical Patterns | |
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| Effects of Taxation on MNEs' Behavior | |
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| Summary | |
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| Multinationals in Developing Countries and Economies in Transition | |
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| Determinants of MNEs' Activities | |
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| Effects on Economic Development | |
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| Third-World Multinationals | |
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| Economies in Transition | |
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| Summary | |
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| Public Policy | |
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| National and International Welfare | |
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| National Policies: A Behavioral Approach | |
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| International Regulation | |
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| Summary | |
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| Bibliography | |
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| Name Index | |
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| Subject Index | |