|aThe organization of firms in a global economy /|cedited by Elhanan Helpman, Dalia Marin, Thierry Verdier.
|aCambridge, Mass. :|bHarvard University Press,|cc2008.
|avii, 356 p. :|bill. ;|c25 cm.
|aIncludes bibliographical references and indexes.
|aContractual frictions and global sourcing / Pol Abtràs and Elhanan Helpman -- The boundaries of the multinational firm : an empirical analysis / Nathan Nunn and Daniel Trefler -- Contract enforcement, comparative advantage, and long-run growth / Gianmarco I.P. Ottaviano -- The dynamics of firm-level adjustments to trade liberalization / James A. Costantini and Marc J. Melitz -- Competing in organizations : firm heterogeneity and international trade / Dalia Marin and Thierry Verdier -- Optimal choice of produce scope for multiproduct firms under monopolistic competition / Robert C. Feenstra and Hong Ma -- Firm heterogeneity, intra-firm trade, and the role of central locations / Stephen Ross Yeaple -- Export dynamics in Colombia : firm-level evidence / Jonathan Eaton ... [et al.] -- Fair wages and foreign sourcing / Gene M. Grossman and Elhanan Helpman -- Organizing offshoring : middle managers and communication costs / Pol Antràs, Luis Garicano, and Esteban Rossi-Hansberg.
|aThe Organization of Firms in a Global Economy presents a new research program that is transforming the study of international trade. Driven by the availability of new micro data sets and innovative theoretical models, it focuses on the level of firms, products, and stages of production rather than on countries and industries. It addresses such questions as why only a small proportion of firms in a given industry export and why an even smaller proportion invest abroad; why exporters tend to be more productive than nonexporters; why almost one-third of international trade takes place between units of the same firm and why as much as two-thirds involves multinational firms as exporter, importer, or both; and why international trade may have been the most important driver of organizational changes in the corporation that have been taking place in the last decade. Until a few years ago, models of international trade did not recognize the heterogeneity of firms and exporters, and could not provide good explanations of international production networks. Now such models exist and are explored in this volume.