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Global production : firms, contracts, and trade structure için kapak resmi
Başlık:
Global production : firms, contracts, and trade structure
Yazar:
Antràs, Pol, 1975- author.
ISBN:
9780691168272
Yazar Ek Girişi:
Fiziksel Tanımlama:
viii, 328 pages : tables ; 25 cm.
Seri:
CREI lectures in macroeconomics
İçerik:
Preface vii I Introduction 1 1 Made in theWorld 3 2 Workhorse Models 28 II Location 57 3 Contracts and Export Behavior 59 4 Contracts and Global Sourcing 94 5 Contracts and Sourcing: Evidence 128 III Internalization 167 6 The Transaction-Cost Approach 169 7 The Property-Rights Approach 192 8 Internalization: Empirical Evidence 217 IV Appendixes 263 Bibliography 307 Index 319.
Özet:
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 Antràs examines the contractual frictions that arise in the international system of production and how these frictions influence the world economy. Antràs 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. Antràs 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.
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