G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13062
DP13062 A Coasian Model of International Production Chains
Thibault Fally
发表日期2018-07-19
出版年2018
语种英语
摘要International supply chains require coordination of numerous activities across multiple countries and firms. We adapt a model of supply chains and apply it to an international trade setting. In each chain, the measure of tasks completed within a firm is determined by a tradeoff between transaction costs and diseconomies of scope linked to management of a larger measure of tasks within the firm. The structural parameters that determine firm scope explain variation in supply-chain length and gross-output-to-value-added ratios, and determine countries' comparative advantage along and across supply chains. We calibrate the model to match key observables in East Asia, and evaluate implications of changes in model parameters for trade, welfare, the length of supply chains and countries' relative position within them.
主题International Trade and Regional Economics
关键词Fragmentation of production Transaction costs Trade in intermediate goods Boundary of the firm
URLhttps://cepr.org/publications/dp13062
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541867
推荐引用方式
GB/T 7714
Thibault Fally. DP13062 A Coasian Model of International Production Chains. 2018.
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