Outsourcing in a Global Economy
构建了一个包含外包和贸易的一般均衡模型,研究影响分包活动选址的因素,强调搜寻成本、定制成本和契约环境的作用。
We study the determinants of the location of sub-contracted activity in a general equilibrium\nmodel of outsourcing and trade. We model outsourcing as an activity that requires search for a partner and relationship-specific investments that are governed by incomplete contracts. The extent of international outsourcing depends inter alia on the thickness of the domestic and foreign market for input suppliers, the relative cost of searching in each market, the relative cost of customizing inputs, and the nature of the contracting environment in each country.