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Protection and International Sourcing
Ornelas, Emanuel; Turner, John L. - Centre for Economic Performance, LSE - 2008
We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We show that a tariff on intermediate inputs can improve social welfare through mitigating hold-up problems. It does so if it discriminates in favor of the investing party, thereby...
Persistent link: https://www.econbiz.de/10005220063
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Protection and International Sourcing
Ornelas, Emanuel; Turner, John L. - C.E.P.R. Discussion Papers - 2010
We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We show that a tariff on intermediate inputs can improve social welfare through mitigating hold-up problems. It does so if it discriminates in favor of the investing parties, which...
Persistent link: https://www.econbiz.de/10008680752
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Preferential trade agreements and global sourcing
Ornelas, Emanuel; Turner, John L.; Bickwit, Grant - 2018
We study how a preferential trade agreement (PTA) affects international sourcing decisions, aggregate productivity and … from the investment. This raises aggregate productivity. On the other hand, the agreement yields sourcing diversion. More … tariff tips it toward harmful sourcing diversion. A PTA also affects the structure of vertical chains in the economy. As …
Persistent link: https://www.econbiz.de/10011927909
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The costs and benefits of rules of origin in modern free trade agreements
Ornelas, Emanuel; Turner, John L. - 2022
those suppliers it does affect, the rule increases investment, but it also induces excessive sourcing (for given investment …
Persistent link: https://www.econbiz.de/10013362760
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Relational contracts and supplier turnover in the global economy
Defever, Fabrice; Fischer, Christian; Südekum, Jens - 2015
chains. In this paper, we develop a dynamic property rights model of global sourcing. A domestic headquarter collaborates …
Persistent link: https://www.econbiz.de/10011308523
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Holdups, quality choice, and the Achilles' heel in government contracting
Bös, Dieter; Lülfesmann, Christoph - 2001
This paper investigates a procurement relationship between a welfare-oriented government and a private supplier. The agents face several versions of the trading good which differ in quality and production costs, and the differences between those items are undescribable ex ante. In presence of...
Persistent link: https://www.econbiz.de/10011539057
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Supplier search and re-matching in global sourcing : theory and evidence from China
Defever, Fabrice; Fischer, Christian; Südekum, Jens - 2017
In this paper, we consider a dynamic search-and-matching problem of a firm with its intermediate input supplier. In our model, a headquarter currently matched with a supplier, has an interest to find and collaborate with a more efficient partner. However, supplier switching through search and...
Persistent link: https://www.econbiz.de/10011754216
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Supplier search and re-matching in global sourcing : theory and evidence from China
Defever, Fabrice; Fischer, Christian; Südekum, Jens - 2017
In this paper, we consider a dynamic search-and-matching problem of a firm with its intermediate input supplier. In our model, a headquarter currently matched with a supplier, has an interest to find and collaborate with a more efficient partner. However, supplier switching through search and...
Persistent link: https://www.econbiz.de/10011741420
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Preferential Trade Agreements and Global Sourcing
Ornelas, Emanuel; Turner, John L.; Bickwit, Grant - 2018
We study how a preferential trade agreement (PTA) affects international sourcing decisions, aggregate productivity and … from the investment. This raises aggregate productivity. On the other hand, the agreement yields sourcing diversion. More … tariff tips it toward harmful sourcing diversion. A PTA also affects the structure of vertical chains in the economy. As …
Persistent link: https://www.econbiz.de/10011932077
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The Costs and Benefits of Rules of Origin in Modern Free Trade Agreements
Ornelas, Emanuel; Turner, John L. - 2022
those suppliers it does affect, the rule increases investment, but it also induces excessive sourcing (for given investment …
Persistent link: https://www.econbiz.de/10013427706