Global Production

Firms, Contracts, and Trade Structure

Pol Antràs (Autor)

Buch | Hardcover

336 Seiten

2015
Princeton University Press (Verlag)
9780691168272 (ISBN)

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Global Production is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions are dominated by sales of individual components and intermediary services. Many firms organize global production around offshoring parts, components, and services to producers in distant countries, and contracts are drawn up specific to the parties and distinct legal systems involved. Pol Antras examines the contractual frictions that arise in the international system of production and how these frictions influence the world economy. Antras discusses the inevitable complications that develop in contract negotiation and execution. He provides a unified framework that sheds light on the factors helping global firms determine production locations and other organizational choices. Antras also implements a series of systematic empirical tests, based on recent data from the U.S. Customs and Census Offices, which demonstrate the relevance of contractual factors in global production decisions.
Using an integrated approach, Global Production is an excellent resource for researchers, graduate students, and advanced undergraduates interested in the inner workings of international economics and trade.

Pol Antras is the Robert G. Ory Professor of Economics at Harvard University and a research associate at the National Bureau of Economic Research.

Preface vii I Introduction 1 1 Made in theWorld 3 2 Workhorse Models 28 II Location 57 3 Contracts and Export Behavior 59 4 Contracts and Global Sourcing 94 5 Contracts and Sourcing: Evidence 128 III Internalization 167 6 The Transaction-Cost Approach 169 7 The Property-Rights Approach 192 8 Internalization: Empirical Evidence 217 IV Appendixes 263 Bibliography 307 Index 319

Reihe/Serie	CREI Lectures in Macroeconomics
Zusatzinfo	32 line illus. 27 tables.
Verlagsort	New Jersey
Sprache	englisch
Maße	152 x 235 mm
Gewicht	652 g
Themenwelt	Technik
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
ISBN-13	9780691168272 / 9780691168272
Zustand	Neuware