Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/46425 
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dc.contributor.authorCostinot, Arnauden
dc.contributor.authorVogel, Jonathan E.en
dc.contributor.authorWang, Suen
dc.date.accessioned2011-05-25-
dc.date.accessioned2011-06-29T11:18:52Z-
dc.date.available2011-06-29T11:18:52Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/46425-
dc.description.abstractThis paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good. Production of the final good is sequential and subject to mistakes. In the unique free trade equilibrium, countries with lower probabilities of making mistakes at all stages specialize in later stages of production. Because of the sequential nature of production, absolute productivity differences are a source of comparative advantage among nations. Using this simple theoretical framework, we offer a first look at how vertical specialization shapes the interdependence of nations.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3402en
dc.subject.jelF10en
dc.subject.ddc330en
dc.subject.stwLieferanten-Kunden-Beziehungen
dc.subject.stwGlobalisierungen
dc.subject.stwKomparativer Kostenvorteilen
dc.subject.stwVertikale Konzentrationen
dc.subject.stwInternationale Arbeitsteilungen
dc.subject.stwAußenwirtschaftstheorieen
dc.subject.stwTheorieen
dc.titleAn elementary theory of global supply chains-
dc.typeWorking Paperen
dc.identifier.ppn660162334en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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