This chapter reviews the state of the international trade literature on multinational firms. This
literature addresses three main questions. First, why do some firms operate in more than …

New developments in the world economy have triggered research designed to better
understand the changes in trade and investment patterns, and the reorganization of …

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 outsourcing to lower cost countries such as China and India can best be
understood through the enrichment of trade models to include concepts from industrial …

We survey an emerging literature at the intersection of organizational economics and
international trade. We argue that a proper modeling of the organizational aspects of …

I survey the influence of Grossman and Hart's (.“The Costs and Benefits of Ownership: A
Theory of Vertical and Lateral Integration,” 94 Journal of Political Economy 691–719.) …

This paper studies the cross-country pattern of US overseas assembly activities between
1980 and 2000 to examine how outsourcing decisions are affected by changes in country …

Offshoring–that is in itself is not a new phenomenon–has recently gained a new dynamic
through the decrease in transportation costs and dramatic advances in information …

We develop a new framework to study the welfare consequences of preferential trade
agreements (PTAs) under global sourcing, incomplete contracts and endogenous matching …

In a model where upstream network insiders conduct relationship‐specific investment,
downstream firms have an incentive to transact within networks. Evidence from US auto …