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Inequality and Trade
Mitra, Devashish - 2003
inequality. Our theory formalizes as well as modifies Linder's conjecture about the relationship between intraindustry trade and …
Persistent link: https://www.econbiz.de/10012468607
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International Trade with Indirect Additivity
Bertoletti, Paolo - 2016
We develop a general equilibrium model of monopolistic competition and trade based on indirectly additive preferences and heterogenous firms. It generates markups independent from destination population but increasing in destination per capita income, as documented empirically. Trade...
Persistent link: https://www.econbiz.de/10012456689
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Trade-in-goods and trade-in-tasks : An Integrating Framework
Baldwin, Richard - 2010
Our paper integrates results from trade-in-task theory into mainstream trade theory by developing trade …
Persistent link: https://www.econbiz.de/10012462768
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Outsourcing versus FDI in Industry Equilibrium
Grossman, Gene M. - 2002
We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which producers need specialized components. Potential suppliers must make a relationship-specific investment in order to serve each prospective customer. Such investments are governed by...
Persistent link: https://www.econbiz.de/10012469406
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Outsourcing in a Global Economy
Grossman, Gene M. - 2002
We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner and relationship-specific investments that are governed by incomplete contracts. The extent of...
Persistent link: https://www.econbiz.de/10012469987
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Do Factor Endowments Matter for North-North Trade?
Davis, Donald R. - 2001
a factor endowments theory, is instead the conduit for a great deal of this factor service trade …
Persistent link: https://www.econbiz.de/10012470202
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A Unified Approach to Intra-Industry Trade and Direct Foreign Investment
Markusen, James R. - 2001
into each other. The purpose of this paper is to show how the theory of direct investment can now be integrated with the … theory of international trade in goods, and to show how the two combine to determine the pattern of trade and foreign … affiliate production. Empirical estimation gives good support to the predictions of the theory for intra-industry affiliate …
Persistent link: https://www.econbiz.de/10012470389
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Multiproduct Multinationals and Reciprocal FDI Dumping
Baldwin, Richard E. - 1998
The global pattern of foreign direct investment (FDI) is quite similar to the world trade pattern. In particular, intraindustry FDI between rich nations is almost as pervasive as intraindustry trade among rich nations. In the standard' MNC model (of Markusen, Venables, Brainard, and others), FDI...
Persistent link: https://www.econbiz.de/10012472322
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Non-Monetary Exchange Within Firms and Industry
Prendergast, Canice - 1996
This paper considers why non-monetary means of exchange, such as barter and the reciprocation of favors, are chosen by firms despite the usual benefits of monetary transactions. We consider the chosen means of exchange when both monetary and non-monetary exchange mechanisms are available. We...
Persistent link: https://www.econbiz.de/10012473069
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Intra-Industry Trade with Bertrand and Cournot Oligopoly : The Role of Endogenous Horizontal Product Differentiation
Brander, James A. - 2015
This paper investigates the effect of endogenous horizontal product differentiation on trade patterns and the gains from trade under Bertrand and Cournot oligopoly. Firms differentiate their products to mitigate competition, but only if the investment required is not too high. Investment in...
Persistent link: https://www.econbiz.de/10012457660