Basker, Emek; Hoang, Van Pham - Development and Policies Research Center (Depocen) - 2011
scale economies in the import process. Combined, these scale economies amplify the effects of technological change and trade … liberalization, creating a two-way relationship between the chain’s size and its sourcing choice. Falling trade barriers increase … to tariff reductions. Technological innovations account for approximately 60% of Wal-Mart’s growth from 1984–2004 and …