Kohler, Wilhelm; Smolka, Marcel - Verein für Socialpolitik - VfS - 2013
We use Spanish firm-level data to test the hold-up model of global sourcing proposed by Antr s & Helpman (2004). We propose a novel representation of the model which guides us in bringing the theory to the data. We estimate a discrete choice model of firms' sourcing behavior, separately for the...