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Organizations and Trade

Author

Listed:
  • Pol Antràs
  • Esteban Rossi-Hansberg

    (Department of Economics, Harvard University, Cambridge, Massachusetts 02138
    Department of Economics and WWS, Princeton University, Princeton, New Jersey 08544)

Abstract

We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modeling 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.

Suggested Citation

  • Pol Antràs & Esteban Rossi-Hansberg, 2009. "Organizations and Trade," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 43-64, May.
    • Handle: RePEc:anr:reveco:v:1:y:2009:p:43-64
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    More about this item

    Keywords

    technology; fragmentation; wage inequality; matching; internalization; contractual frictions; comparative advantage; outsourcing; offshoring;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • F10 - International Economics - - Trade - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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