Organizations and Trade
33 Pages Posted: 2 Dec 2008
There are 4 versions of this paper
Organizations and Trade
Organizations and Trade
Date Written: September 2008
Abstract
We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we describe certain predictions of standard models that are affected or even overturned when organizational decisions are brought into the analysis. We also suggest potentially fruitful areas for future research.
Keywords: comparative advantage, contractual frictions, fragmentation, internalization, matching, offshoring, organizations, outsourcing, technology, wage inequality
JEL Classification: D23, E25, F10, F23, L23
Suggested Citation: Suggested Citation
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