The Organization of Firms in a Global Economy
Harvard University Press, Jun 30, 2009 - Business & Economics - 368 pages
Presents a new research program that is transforming the study of international trade. Until a few years ago, models of international trade did not recognize the heterogeneity of firms and exporters, and could not provide good explanations of international production networks. Now such models exist and are explored in this volume.
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1 Contractual Frictions and Global Sourcing
An Empirical Analysis
3 Contract Enforcement Comparative Advantageand LongRun Growth
4 The Dynamics of FirmLevel Adjustment to Trade Liberalization
Firm Heterogeneity and International Trade
6 Optimal Choice of Product Scope for Multiproduct Firms under Monopolistic Competition
7 Firm Heterogeneity IntraFirm Trade and the Role of Central Locations
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affiliates agents Antr`as and Helpman average centralized FDI coefficient communication costs comparative advantage competition contractual frictions countries cutoff decision distribution effect Elhanan Helpman endogenous entrants entry European Union exit Figure final-good producer firm f firm’s fixed costs foreign foreign direct investment fraction function growth headquarter intensity high-skill workers higher implies increase industry innovation intermediate inputs intrafirm imports investment larger low-skill workers marginal costs market share Melitz mode choice monopolistic competition multinational Neighbors number of firms optimal organization organizational forms outsource in South P-organization parameter Pareto distribution participation constraint produce X1 productivity profits proposition quintile result Section sectors share of firms skill stationary sunk costs supplier Table teams tion trade costs trade liberalization transition U.S. firm U.S. imports unit cost variable varieties vertical integration wmin Yeaple zero