Book/Printed Material An elementary theory of global supply chains

Title

• An elementary theory of global supply chains

Summary

• "This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good. Production of the final good is sequential and subject to mistakes. In the unique free trade equilibrium, countries with lower probabilities of making mistakes at all stages specialize in later stages of production. Because of the sequential nature of production, absolute productivity differences are a source of comparative advantage among nations. Using this simple theoretical framework, we offer a first look at how vertical specialization shapes the interdependence of nations"--National Bureau of Economic Research web site.

Names

• Costinot, Arnaud, 1978-
• Vogel, Jonathan, 1979-
• Wang, Su
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2011.

Notes

• -  Title from PDF file as viewed on 6/16/2011.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2011657164
• http://www.nber.org/papers/w16936 External

Library of Congress Control Number

• 2011657164

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2011657164

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record