polantrasLectureNotes

polantrasLectureNotes - Economics 2535 Lecture Notes...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Economics 2535 Lecture Notes Advanced Topics in International Trade: Firms and International Trade Pol Antràs Harvard University Department of Economics Spring 2004
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Contents 1 Introduction and Basic Facts 4 IF i r m s a n d t h e D e c i s i o n t o E x p o r t 1 2 2 Intraindustry Heterogeneity with Fixed Costs of Exporting: Melitz (2003) 13 3 Intraindustry Heterogeneity and Bertrand Competition: Bernard, Eaton, Jensen, and Kortum (2003) 27 4 Firms and the Decision to Export: Empirics 38 4 .1 Expo r t in gandP lan t -L ev e lP e r fo rm an c e.................. 3 8 4.2 Evidence on Reallocation E f e c t s :P a v cn ik(2 00 2 ) ............ 4 0 5 The Relevance of Sunk Costs 47 II Firms and the Decision to Invest Abroad 52 6 Horizontal FDI: Brainard (1997) 53 7 Exports vs. FDI with Asymmetric Countries: Markusen and Ven- ables (2000) 63 8 Exports vs. FDI with Heterogenous Firms: Helpman, Melitz and Yeaple (2003) 71 9 Vert ica lFDI :TheoryandEv idence 82 1
Background image of page 2
III Intermission: The Boundaries of The Firm 96 10 The Theory of The Firm: Transaction-Cost Approaches 97 11 The Theory of The Firm: The Property-Rights Approach 107 12 The Theory of The Firm: Alternative Approaches 120 12.1 The Firm as an Incentive System: Holmstrom and Milgrom (1994) . . . 120 1 2 .2F o rm a landR e a lAu th o r i ty :A gh ionandT i r o l e( 19 97 ) ......... 12 6 1 2 .3Au o r i t yandH i e r a r ch i e s :R o s en(1 98 2 )................. 9 IV Trade and Organizational Form 137 13 Early Transaction-Cost Approaches 138 1 3 .1E i e r(1 9 8 6 ) ................................ 13 8 1 3 .2E i e randM a rku s en( )........................ 14 4 14 The Transaction-Cost Approach in Industry Equilibrium: McLaren (2000) and Grossman and Helpman (2002) 148 1 4 .1G lob a l i za t ionandV e r t i ca lS t ru c tu r e :M cL a r en(2 000 ).......... 8 14.2 Integration vs. Outsourcing in Industry Equilibrium: Grossman and H e lpm an(2 0 0 2 )............................... 15 4 15 The Property-Rights Approach in International Trade (I): Antràs (2003a) 165 16 The Property-Rights Approach in International Trade (II): Antràs (2003b) and Antràs and Helpman (2004) 182 16.1 Incomplete Contracts and the Product Cycle: Antràs (2003 b ) ..... 18 3 16.2 Global Sourcing with Heterogenous Firms: Antràs and Helpman (2004) 194 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Preface These lecture notes review some of the material that I cover in the advanced graduate course in the International Trade that I teach at Harvard University. The course focuses on a f rm-level approach to international trade and on selected topics in trade policy. I am teaching this class for the f rstt imeth isSpr ing ,sothenotesarel ike lytoconta in several typos and mistakes. Comments, suggestions, and corrections would be most welcome. Pol Antràs Department of Economics Harvard University January 2004 3
Background image of page 4
Chapter 1 Introduction and Basic Facts In Neoclassical Trade Theory , f rms are treated as a black box. The supply side of the economy is characterized by a set of production functions according to which the factors of production (capital, labor) are transformed into consumption goods.
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 210

polantrasLectureNotes - Economics 2535 Lecture Notes...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online