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Corcos, Gregory; Irac, Delphine; Mion, Giordano; … - C.E.P.R. Discussion Papers - 2009

How successful is the theory of the firm in explaining intra-firm trade? To answer this question we exploit a unique dataset of 1,141,393 French import transactions, spanning across firm, countries and products in 1999, and reporting whether a transaction is intra-firm. Overall, we find support...

Persistent link: https://www.econbiz.de/10008567796

Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production

Antràs, Pol - C.E.P.R. Discussion Papers - 2011

I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...

Persistent link: https://www.econbiz.de/10009320400

Outsourcing, Contracts and Innovation Networks

Naghavi, Alireza; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2006

We study the decision of firms between vertical integration and outsourcing in a dynamic setting with product … innovation. In so doing, we model an industry in which R&D is performed by independent research labs and outsourcing production … requires complementary upstream and downstream inventions. In the presence of search friction and incomplete outsourcing …

Persistent link: https://www.econbiz.de/10005661520

Organizing the Global Value Chain

Antràs, Pol; Chor, Davin - C.E.P.R. Discussion Papers - 2012

We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...

Persistent link: https://www.econbiz.de/10011083351

The Margins of Global Sourcing: Theory and Evidence from U.S. Firms

Antràs, Pol; Fort, Teresa C; Tintelnot, Felix - C.E.P.R. Discussion Papers - 2014

This paper studies the extensive and intensive margins of firms' global sourcing decisions. We develop a quantifiable multi-country sourcing model in which heterogeneous firms self-select into importing based on their productivity and country-specific variables. The model delivers a simple...

Persistent link: https://www.econbiz.de/10011145398

Offshoring and Product Innovation

Naghavi, Alireza; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2006

We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in the country of origin. Offshoring is associated with reduced feedback from offshored plants to domestic labs as well as coordination problems between the offshored and domestic...

Persistent link: https://www.econbiz.de/10005123630

Outsourcing Versus FDI in Industry Equilibrium

Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2002

We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which …

Persistent link: https://www.econbiz.de/10005067585

Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinationals

Defever, Fabrice; Toubal, Farid - C.E.P.R. Discussion Papers - 2011

We investigate the roles of productivity and the specificity of inputs for the international sourcing strategy of firms which are part of a multinational network. We present a framework in which firms decide to import from a foreign independent supplier or from their related party abroad...

Persistent link: https://www.econbiz.de/10009365648

Non-homothetic preferences, parallel imports and the extensive margin of international trade

Foellmi, Reto; Hepenstrick, Christian; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2010

We study international trade in a model where consumers have non-homothetic preferences and where household income restricts the extensive margin of consumption. In equilibrium, monopolistic producers set high (low) prices in rich (poor) countries but a threat of parallel trade restricts the...

Persistent link: https://www.econbiz.de/10008466329

International Trade in Services: A Portrait of Importers and Exporters

Breinlich, Holger; Criscuolo, Chiara - C.E.P.R. Discussion Papers - 2010

We provide a novel set of stylized facts on firms engaging in international trade in services, using unique data on firm-level exports and imports from the world's second largest services exporter, the United Kingdom (UK). We show that only a fraction of UK firms engage in international trade in...

Persistent link: https://www.econbiz.de/10008468538