dc.contributor.author | Nunn, Nathan | |
dc.contributor.author | Trefler, Daniel | |
dc.date.accessioned | 2017-06-23T16:54:17Z | |
dc.date.issued | 2013 | |
dc.identifier | Quick submit: 2017-01-06T07:56:43-0500 | |
dc.identifier.citation | Nunn, Nathan, and Daniel Trefler. 2013. Incomplete Contracts and the Boundaries of the Multinational Firm. Journal of Economic Behavior & Organization 94: 330–344. doi:10.1016/j.jebo.2012.10.004. | en_US |
dc.identifier.issn | 0167-2681 | en_US |
dc.identifier.uri | http://nrs.harvard.edu/urn-3:HUL.InstRepos:33077829 | |
dc.description.abstract | Using data on U.S. intra-firm and arm’s-length imports for 5,705 products imported from 220 countries, we examine the determinants of the share of U.S. imports that are intra-firm. We examine two predictions that arise from Antràs (2003), Antràs & Helpman (2008) and Antràs & Helpman (2004). First, we find that, consistent with the implicit logic of Antràs (2003) and the explicit predictions of Antràs & Helpman (2008), vertical integration is increasing in the importance of non-contractible headquarter inputs relative to non-contractible supplier inputs. In other words, we show that only non-contractible headquarter inputs affect the firm’s make-or-buy decision. Second, we also provide empirical support for the Antràs & Helpman (2004) prediction that intra-firm trade is largest where non-contractible headquarter inputs are important and productivity is high. | en_US |
dc.description.sponsorship | Economics | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | Elsevier BV | en_US |
dc.relation.isversionof | 10.1016/j.jebo.2012.10.004 | en_US |
dash.license | META_ONLY | |
dc.subject | intra-firm trade | en_US |
dc.subject | incomplete contracts | en_US |
dc.subject | vertical integration | en_US |
dc.subject | outsourcing | en_US |
dc.subject | fixed-costs | en_US |
dc.title | Incomplete contracts and the boundaries of the multinational firm | en_US |
dc.type | Journal Article | en_US |
dc.date.updated | 2017-01-06T12:56:36Z | |
dc.description.version | Version of Record | en_US |
dc.relation.journal | Journal of Economic Behavior & Organization | en_US |
dash.depositing.author | Nunn, Nathan | |
dash.embargo.until | 10000-01-01 | |
dc.date.available | 2013 | |
dc.identifier.doi | 10.1016/j.jebo.2012.10.004 | * |
dash.contributor.affiliated | Nunn, Nathan | |
dc.identifier.orcid | 0000-0002-5101-9866 | |