Global Production (eBook)

Firms, Contracts, and Trade Structure

Pol Antràs (Autor)

eBook Download: EPUB

2015
Princeton University Press (Verlag)
9781400873746 (ISBN)

Infos

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.

Autor

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

Produkt-Details

• Erscheint lt. Verlag: 22.12.2015
• Reihe/Serie: CREI Lectures in Macroeconomics
• Reihe/Serie: CREI Lectures in Macroeconomics
• Zusatzinfo: 32 line illus. 27 tables.
• Verlagsort: Princeton
• Sprache: englisch
• Themenwelt: Technik
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Logistik / Produktion
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Planung / Organisation
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• Schlagworte: asset • Bargaining Power • Beta (finance) • bilateral trade • bribery • Capital intensity • Chapters • Cobb–Douglas production function • coefficient • Comparative Advantage • Comparative statics • consumer • Consumer goods • contract enforcement • Contracting • contracting assumptions • contracting considerations • contracting institutions • Contracts • contractual frictions • contractual incompleteness • contractual relationships • Cost curve • cross-industry variation • Database • Determinant • D intensity • domestic sourcing • Economic equilibrium • Economics • Efficiency • Elasticity of substitution • empirical literature • Empirical tests • estimation • Ex-ante • Expenditure • Export • export behavior • Ex-Post • Factor Endowment • Factors of Production • firms • Foreign Direct Investment • Free Trade • General Equilibrium Theory • Globalization • Global Production • Global Production Networks • Global Sourcing • global sourcing model • Governance • Harmonized System • Hold-up problem • imperfect-contracting variants • Import • Incentive • incomplete contracts • Industry • Industry Classification • inefficiency • Insourcing • Institution • Internalization • internalization theories • International Arbitration • International Economics • International Trade • international trade flows • Investment • Lecture • Legal systems • Lock-in (decision-making) • logarithm • Lump sum • Manufacturing • Marginal cost • Melitz model • model-based empirical tests • modern workhorse models • multinational companies • Multinational corporation • New Trade Theory • North American industry classification system • Offshore Outsourcing • Offshoring • offshoring decisions • Outsourcing • Ownership • Ownership (psychology) • Parameter • pareto distribution • Payment • perfect competition • Physical Capital • Prediction • Price elasticity of demand • Price index • Principal Component Analysis • procurement • production processes • Productivity • Profit (economics) • property-rights approach • property-rights theory • Provision (accounting) • Quality assurance • R&amp • R&D intensity • raw data • Requirement • Research and Development • Revenue • sorting • standard deviation • standard error • statistical significance • Supply and Demand • Supply (economics) • tariff • Technology • Total Factor Productivity • Trade barrier • transaction cost • transaction-cost approach • transaction-cost model • transaction-cost theory • two-country model • U.S. imports • Value Chain • Value (economics) • variable cost • Variable (mathematics) • vertical integration • weak contract enforcement • Website • workhorse models • World Economy • World Integrated Trade Solution
• ISBN-13: 9781400873746 / 9781400873746