G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21198
来源IDWorking Paper 21198
Culture and Global Sourcing
Yuriy Gorodnichenko; Bohdan Kukharskyy; Gerard Roland
发表日期2015-05-26
出版年2015
语种英语
摘要This paper develops a model of global sourcing with culturally dissimilar countries. Production of final goods requires the coordination of decisions between the headquarter of a multinational firm and managers of their component suppliers. Managers of both units are assumed to have strong beliefs about the right course of action and are reluctant to adjust their decisions. We characterize the optimal allocation of decision rights across firms when contracts are incomplete. Our theoretical model delivers two key predictions: the incentive of a firm to integrate (rather than outsource) its input supply is decreasing in the cultural distance between the home and the host country and decreasing in trade costs between the two countries. Combining data from the U.S. Census Bureau's Related Party Trade with various measures for cultural distance and trade cost, we find empirical evidence strongly supportive of these two predictions.
主题International Economics ; Trade ; International Factor Mobility ; Other ; Economic Systems ; Culture
URLhttps://www.nber.org/papers/w21198
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578872
推荐引用方式
GB/T 7714
Yuriy Gorodnichenko,Bohdan Kukharskyy,Gerard Roland. Culture and Global Sourcing. 2015.
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