ABSTRACT
This contrasts with the product cycle approach, the Kojima-Ozawa analysis and the various competitive international oligopoly theories, which have all stressed the interaction between the growth of the firm and the location of production, and the consequences for the structure of industrial production and trade. Macroeconomic theories of international production make location advantages depend on macroeconomic factors related to countries and their level of development, while mesoeconomic approaches emphasise the locational factors specific to an international industry (see Gray, 1982, for a discussion of whether location advantages can be treated as purely macroeconomic). Naturally, the focus of interest and the level at which analysis is conducted affect the treatment of location in theories of international production.
