The DOI matches its Crossref record; 52 of the 52 references it cites were found in a registry or an index.
An Elementary Theory of Global Supply Chains
Abstract
This article 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. Using this simple theoretical framework, we offer a first look at how vertical specialization shapes the interdependence of nations. Copyright , Oxford University Press.
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Cites
The Theory of Economic Development
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On the Size Distribution of Business Firms
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The nature and growth of vertical specialization in world trade
Hummels, D., Ishii, J., & Yi, K.-M. (2001) · Journal of International Economics · doi:10.1016/s0022-1996(00)00093-3 · Cited by 3,210
Trading Tasks: A Simple Theory of Offshoring
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The Variety and Quality of a Nation's Exports
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Accounting for intermediates: Production sharing and trade in value added
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Globalization, Outsourcing, and Wage Inequality
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Cited by
HOW GLOBAL ARE GLOBAL VALUE CHAINS? A NEW APPROACH TO MEASURE INTERNATIONAL FRAGMENTATION
Los, B., Timmer, M. P., & de Vries, G. J. (2015) · Journal of Regional Science · doi:10.1111/jors.12121 · Cited by 498
From Micro to Macro via Production Networks
Carvalho, V. M. (2014) · Journal of Economic Perspectives · doi:10.1257/jep.28.4.23 · Cited by 468
Internalizing Global Value Chains: A Firm-Level Analysis
Alfaro, L., Antràs, P., Chor, D., & Conconi, P. (2019) · Journal of Political Economy · doi:10.1086/700935 · Cited by 282
Amendolagine, V., Presbitero, A. F., Rabellotti, R., & Sanfilippo, M. (2019) · World Development · doi:10.1016/j.worlddev.2018.08.010 · Cited by 213
On the Measurement of Upstreamness and Downstreamness in Global Value Chains
Antràs, P., & Chor, D. (2018) · doi:10.3386/w24185 · Cited by 167
Metadata
- Authors
- Costinot, A., Vogel, J., & Wang, S.
- Venue
- The Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 2012-05-17
- Volume
- 80
- Issue
- 1
- Pages
- 109-144
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W3124449785
- Cited by
- 300
- References
- 52
- FWCI
- 38.84
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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