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We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we...
Persistent link: https://www.econbiz.de/10005791747
particularly attractive locations to offshore? In thispaper we address these questions with a theory of international production … host-country management skills (middlemanagement) in bringing about the emergence of international offshoring. Byshielding … positive effect of middle skills on offshoring is weaker, the moreadvanced are communication technologies in the host country …
Persistent link: https://www.econbiz.de/10008860691
The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing … features of offshoring introduce novel reasons for trade policy intervention? Does offshoring create new problems of global … perform in a world where offshoring is prevalent? In this paper we provide answers to these questions, and thereby initiate …
Persistent link: https://www.econbiz.de/10005123895
Persistent link: https://www.econbiz.de/10001965421
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009320400