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Comportements des firmes et commerce international

Author

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  • Joël Thomas Ravix
  • Olivier Sautel

Abstract

Growth of international outsourcing, has been a dominant feature of the international economy. Recent theoretical developments have focused on firm behaviour and its consequences on trade structure, through the introduction of the modern theory of the firm. In a first section, we link this new approach with previous explanations of vertical specialization (intra-industry trade and Multinational Corporation). In a second section, we present methodology and results of these new developments, which analyze trade as a consequence of the choices of heterogeneous firms about organisational structure and localisation. In a third section, we discuss contributions and limitations of the introduction of the firm behaviour. We advance that the focus on firms choices provides new explanations for specialization, trade structure and patterns of foreign direct investments. But we argue that these results are constrained by the choice of a contractual theory of the firm. JEL Codes: F12, F23, L22, L23.

Suggested Citation

  • Joël Thomas Ravix & Olivier Sautel, 2007. "Comportements des firmes et commerce international," Revue de l'OFCE, Presses de Sciences-Po, vol. 100(1), pages 175-199.
  • Handle: RePEc:cai:reofsp:reof_100_0175
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    Citations

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    Cited by:

    1. Guillaume Daudin & Christine Rifflart & Danielle Schweisguth, 2008. "Value-Added Trade and Regionalization. GTAP Eleventh Annual Conference 'Future of Global Economy', Helsinki, Finland," Post-Print hal-01065996, HAL.

    More about this item

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

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