Global Production: Firms, Contracts, and Trade Structure

Global Production is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions ar...

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Bibliographic Details
Main Author: Antràs, Pol (Author)
Format: Electronic eBook
Language:English
Published: Princeton, NJ Princeton University Press [2015]
Edition:Pilot project. eBook available to selected US libraries only
Series:CREI Lectures in Macroeconomics
Subjects:
Online Access:DE-1043
DE-1046
DE-858
DE-859
DE-860
DE-473
DE-19
DE-739
Volltext
Summary:Global Production is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions are dominated by sales of individual components and intermediary services. Many firms organize global production around offshoring parts, components, and services to producers in distant countries, and contracts are drawn up specific to the parties and distinct legal systems involved. Pol Antràs examines the contractual frictions that arise in the international system of production and how these frictions influence the world economy.Antràs discusses the inevitable complications that develop in contract negotiation and execution. He provides a unified framework that sheds light on the factors helping global firms determine production locations and other organizational choices. Antràs also implements a series of systematic empirical tests, based on recent data from the U.S. Customs and Census Offices, which demonstrate the relevance of contractual factors in global production decisions.Using an integrated approach, Global Production is an excellent resource for researchers, graduate students, and advanced undergraduates interested in the inner workings of international economics and trade
Item Description:Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
Physical Description:1 online resource (336 pages) 32 line illus. 27 tables
ISBN:9781400873746
DOI:10.1515/9781400873746

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