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This study analyzes the impact of international trade on the diffusion of flexible manufacturing in a general equilibrium framework. Suppliers produce a flexible base product that can be adapted to the specific input requirements of a continuum of downstream industries. The vertical structure is...
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This study analyzes the impact of international trade on the diffusion of flexible manufacturing in a general equilibrium framework. Suppliers produce a flexible base product that can be adapted to the specific input requirements of a continuum of downstream industries. The vertical structure is...
Persistent link: https://www.econbiz.de/10010296394
Persistent link: https://www.econbiz.de/10014456779
general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price …
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