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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13062 |
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 |
URL | https://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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