Now showing items 1-20 of 25

    • Contracts and Technology Adoption 

      Acemoglu, Daron; Antras, Pol; Helpman, Elhanan (American Economic Association, 2007)
      We develop a tractable framework for the analysis of the relationship between contractual incompleteness, technological complementarities, and technology adoption. In our model, a firm chooses its technology and investment ...
    • Essays in Economic Geography 

      Ziv, Oren (2015-05-18)
      While economic geography is concerned chiefly with proximity, models in urban economics eliminate proximity as a relative metric in order to preserve tractability. I introduce a new method of solving spatial models that ...
    • Essays on Global Sourcing, R&D, and Bank Credit 

      Du, Yang (2016-05-18)
      This dissertation consists of three essays, two in the field of international economics and one in macroeconomics. The first essay studies the interaction of manufacturing firms' sourcing decisions and their R\&D investment. ...
    • Factor Prices and Productivity Growth During the British Industrial Revolution 

      Antras, Pol; Voth, Hans-Joachim (Elsevier, 2003)
      This paper presents new estimates of total factor productivity growth in Britain for the period 1770–1860. We use the dual technique and argue that the estimates we derive from factor prices are of similar quality to ...
    • Firms, Contracts, and Trade Structure 

      Antras, Pol (MIT Press, 2003)
      Roughly one-third of world trade is intrafirm trade. This paper starts by unveiling two systematic patterns in the volume of intrafirm trade. In a panel of industries, the share of intrafirm imports in total U. S. imports ...
    • Foreign Influence and Welfare 

      Antras, Pol; Padro i Miquel, Gerard (National Bureau of Economic Research Inc., 2009)
      How do foreign interests influence the policy determination process? What are the welfare implications of such foreign influence? In this paper we develop a model of foreign influence and apply it to the study of optimal ...
    • Global Sourcing 

      Antras, Pol; Helpman, Elhanan (University of Chicago Press, 2004)
      We present a North‐South model of international trade in which differentiated products are developed in the North. Sectors are populated by final‐good producers who differ in productivity levels. On the basis of productivity ...
    • Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production 

      Antras, Pol (Oxford University Press (OUP), 2014)
      I survey the influence of Grossman and Hart's (1986) “The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration,” 94 Journal of Political Economy 691–719.) seminal paper in the field of International ...
    • Incomplete Contracts and the Product Cycle 

      Antras, Pol (American Economic Association, 2005)
      I present a model in which the incomplete nature of contracts governing international transactions limits the extent to which the production process can be fragmented across borders. Because of contractual frictions, goods ...
    • Intermediated Trade 

      Antras, Pol; Costinot, Arnaud (Massachusetts Institute of Technology Press, 2011)
      This paper develops a simple model of international trade with intermediation. We consider an economy with two islands and two types of agents, farmers and traders. Farmers can produce two goods, but in order to sell these ...
    • Intermediation and Economic Integration 

      Antras, Pol; Costinot, Arnaud (American Economic Association, 2010)
      The theory of international trade has paid scant attention to market institutions. Neither neoclassical theory nor new trade models typically specify the process by which supply and demand meet. Yet in the real world, ...
    • Internalizing Global Value Chains: A Firm-Level Analysis 

      Alfaro, Laura; Antras, Pol; Chor, David; Conconi, Paola (2015-09-25)
      In recent decades, technological progress in information and communication technology and falling trade barriers have led firms to retain within their boundaries and in their domestic economies only a subset of their ...
    • International Organizations and Trade 

      Antras, Pol (University of Chicago Press, 2010)
      The three central primitives of international trade theory are consumer preferences, factor endowments, and the production technologies that allow firms to transform factors of production into consumer goods. A limitation ...
    • Is the U.S. Aggregate Production Function Cobb-Douglas? New Estimates of the Elasticity of Substitution 

      Antras, Pol (Berkeley Electronic Press, 2004)
      I present new estimates of the elasticity of substitution between capital and labor using data from the private sector of the U.S. economy for the period 1948-1998. I first adopt Berndt’s (1976) specification, which ...
    • Multinational Firms, FDI Flows and Imperfect Capital Markets 

      Antras, Pol; Desai, Mihir; Foley, C. Fritz (MIT Press, 2009)
      This paper examines how costly financial contracting and weak investor protection influence the cross-border operational, financing and investment decisions of firms. We develop a model in which product developers can play ...
    • Negotiating Free Trade 

      Aghion, Philippe; Antras, Pol; Helpman, Elhanan (Elsevier, 2007)
      We develop a dynamic bargaining model in which a leading country endogenously decides whether to sequentially negotiate free trade agreements with subsets of countries or engage in simultaneous multilateral bargaining with ...
    • Offshoring and the Role of Trade Agreements 

      Antras, Pol; Staiger, Robert W. (National Bureau of Economic Research, 2008)
      The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing features of offshoring introduce novel reasons for trade policy intervention? Does offshoring create new ...
    • Offshoring in a Knowledge Economy 

      Antras, Pol; Garicano, Luis; Rossi-Hansberg, Esteban (MIT Press, 2006)
      How does the formation of cross-country teams affect the organization of work and the structure of wages? To study this question, we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where ...
    • On the Role of Financial Frictions and the Saving Rate during Trade Liberalizations 

      Antras, Pol; Caballero, Richard J. (Massachusetts Institute of Technology Press, 2010)
      We study how financial frictions and the saving rate shape the long-run effects of trade liberalization on income, consumption and the distribution of wealth in financially underdeveloped economies. In our model, regardless ...
    • Organizations and Trade 

      Antras, Pol; Rossi-Hansberg, Esteban (Annual Reviews, 2009)
      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 production provides valuable insights on the aggregate ...