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Title: Organizations and Trade

Author(s): Pol Antrąs and Esteban Rossi-Hansberg

Publication Date: September 2008

Keyword(s): comparative advantage, contractual frictions, fragmentation, internalization, matching, offshoring, organizations, outsourcing, technology and wage inequality

Programme Area(s): Industrial Organization and International Trade and Regional Economics

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.

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Bibliographic Reference

Antrąs, P and Rossi-Hansberg, E. 2008. 'Organizations and Trade'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=6965