Global Production

Global Production
Author: Pol Antràs
Publisher: Princeton University Press
Total Pages: 336
Release: 2020-10-13
Genre: Business & Economics
ISBN: 0691209030

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.

The Global Trade Slowdown

The Global Trade Slowdown
Author: Cristina Constantinescu
Publisher: International Monetary Fund
Total Pages: 44
Release: 2015-01-21
Genre: Business & Economics
ISBN: 1498399134

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.

Production Structure and International Trade

Production Structure and International Trade
Author: Makoto Tawada
Publisher: Springer Science & Business Media
Total Pages: 141
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642456642

The present monograph analyses some topics in the pure theory of international trade. They are all concerned with the structure of production to which I have paid particular attention after the completion of my Ph.D. course at University of New South Wales. In my Ph.D. thesis, I studied extensively the production possibility sets under Professor Murray C. Kemp, who kindly contained all my products in his edi ting book, Production Sets (Academic Press, 1982). Since then, I have developed the work to the studies of international trade. The present volume is organized with these studies. Therefore, although the draft was written at Nagoya City University, the works at Tokyo Metropolitan Uni versi ty in 1980, Kobe Uni versi ty of Commerce from 1981 to 1984 and University of New South Wales in 1985 were also substantial. All uni versi ties provided me with comfortable circumstances and good colleagues for my academic work.

International Trade

International Trade
Author: Nigel Grimwade
Publisher: Routledge
Total Pages: 446
Release: 2003-09-02
Genre: Business & Economics
ISBN: 1134731124

First Published in 1967. Routledge is an imprint of Taylor & Francis, an informa company.

Changing Patterns of Global Trade

Changing Patterns of Global Trade
Author: Nagwa Riad
Publisher: International Monetary Fund
Total Pages: 87
Release: 2012-01-15
Genre: Business & Economics
ISBN: 1463973101

Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Introduction to Business

Introduction to Business
Author: Lawrence J. Gitman
Publisher:
Total Pages: 1455
Release: 2024-09-16
Genre: Business & Economics
ISBN:

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

Interest Groups and Trade Policy

Interest Groups and Trade Policy
Author: Gene M. Grossman
Publisher: Princeton University Press
Total Pages: 274
Release: 2002-03-03
Genre: Business & Economics
ISBN: 9780691095974

Containing eight of Gene Grossman's and Elhanan Helpman's previously published articles, this work acts as a compaion to the monograph "Special Interest Politics".

Networks of International Trade and Investment

Networks of International Trade and Investment
Author: Sara Gorgoni
Publisher: Vernon Press
Total Pages: 346
Release: 2018-03-30
Genre: Business & Economics
ISBN: 1622730658

In recent decades, the international economy has witnessed fundamental changes in the way manufacturing is organised: products are no longer manufactured in their entirety in a single location. Instead, the production process is often split across a number of stages located in countries that are frequently far apart from each other. By spreading out their manufacturing and supply chain activities globally through international investment and intra-firm trade, Multinational enterprises (MNEs) play a focal role in this reorganisation of production. Our ability to understand the global economy, therefore, requires an understanding of the interdependencies between the entities involved in such fragmented production. Traditional methods and statistical approaches are insufficient to address this challenge. Instead, an approach is required that allows us to account for these interdependencies. The most promising approach so far is network analysis. ‘Networks of International Trade and Investment’ makes a case for the use of network analysis alongside existing techniques in order to investigate pressing issues in international business and economics. The authors put forward a range of well-informed studies that examine compelling topics such as the role of emerging economies in global trade and the evolution of world trade patterns. They look at how network analysis, as both an approach and a methodology, can explain international business and economics phenomena, in particular, in relation to international trade and investment. Providing a comprehensive but accessible explanation of the applications of network analysis and some of the most recent methodological advances in its field, this edited volume is an important contribution to research in international trade and investment.

A Handbook of International Trade in Services

A Handbook of International Trade in Services
Author: Aaditya Mattoo
Publisher: Oxford University Press
Total Pages: 675
Release: 2008
Genre: Business & Economics
ISBN: 019923521X

This title provides a comprehensive introduction to the key issues in trade and liberalization of services. Providing a useful overview of the players involved, the barriers to trade, and case studies in a number of service industries, this is ideal for policymakers and students interested in trade.