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Networks Versus Markets In International Trade


Networks Versus Markets In International Trade
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Networks Versus Markets In International Trade


Networks Versus Markets In International Trade
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Author : James E. Rauch
language : en
Publisher:
Release Date : 1996

Networks Versus Markets In International Trade written by James E. Rauch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business networks categories.


I propose a network/search view of international trade in differentiated products. I present evidence that supports the view that proximity and common language/colonial ties are more important for differentiated products than for products traded on organized exchanges in matching international buyers and sellers, and that search barriers to trade are higher for differentiated than for homogeneous products. I also discuss alternative explanations for the findings.



Networks Of International Trade And Investment


Networks Of International Trade And Investment
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Author : Sara Gorgoni
language : en
Publisher: Vernon Press
Release Date : 2018-03-30

Networks Of International Trade And Investment written by Sara Gorgoni and has been published by Vernon Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-30 with Business & Economics categories.


In recent decades, the international economy has witnessed fundamental changes in the way manufacturing is organised: products are no longer manufactured in their entirety in a single location. Instead, the production process is often split across a number of stages located in countries that are frequently far apart from each other. By spreading out their manufacturing and supply chain activities globally through international investment and intra-firm trade, Multinational enterprises (MNEs) play a focal role in this reorganisation of production. Our ability to understand the global economy, therefore, requires an understanding of the interdependencies between the entities involved in such fragmented production. Traditional methods and statistical approaches are insufficient to address this challenge. Instead, an approach is required that allows us to account for these interdependencies. The most promising approach so far is network analysis. ‘Networks of International Trade and Investment’ makes a case for the use of network analysis alongside existing techniques in order to investigate pressing issues in international business and economics. The authors put forward a range of well-informed studies that examine compelling topics such as the role of emerging economies in global trade and the evolution of world trade patterns. They look at how network analysis, as both an approach and a methodology, can explain international business and economics phenomena, in particular, in relation to international trade and investment. Providing a comprehensive but accessible explanation of the applications of network analysis and some of the most recent methodological advances in its field, this edited volume is an important contribution to research in international trade and investment.



Networks And Markets


Networks And Markets
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Author : James E. Rauch
language : en
Publisher: Russell Sage Foundation
Release Date : 2001-06-21

Networks And Markets written by James E. Rauch and has been published by Russell Sage Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-06-21 with Social Science categories.


Networks and Markets argues that economists' knowledge of markets and sociologists' rich understanding of networks can and should be combined. Together they can help us achieve a more coherent view of economic life, where transactions follow both the logic of economic incentives and the established channels of personal relationships. Market exchange is impersonal, episodic, and carried out at arm's length. All that matters is how much the seller is asking, and how much the buyer is offering. An economic network, by contrast, is based upon more personalized and enduring relationships between people tied together by more than just price. Networks and Markets focuses on how the two concepts relate to each other: Are social networks an essential precondition for successful markets, or do networks arise naturally out of markets, as faceless traders build reputations and gain confidence in each other? The book includes contributions by both sociologists and economists, applying the concepts of markets and networks to concrete empirical phenomena. Among the topics analyzed, the book explains how, in Taiwan, South Korea, and Japan, firms combine into tightly-knit business blocs, how wholesalers in a Marseille fish market earn the loyalty of customers, and how ethnic retailers in the U.S. share valuable market information with other shopkeepers from their ethnic group. A response to each chapter discusses the issue from the standpoint of the other discipline. Sociologists are challenged to go beyond small-scale economic exchange and to integrate their concept of networks into a broader understanding of the economic system as a whole, while economists are challenged to consider the economic implications of network ties, which can be strong or weak, unconditional or highly contingent. This book proves that both economics and sociology provide stronger insights when they study markets and networks as parallel forms of exchange. But it also clarifies the healthy division of labor that remains between the two disciplines. Sociologists are adept at showing how markets are framed by social institutions; economists specialize in explaining how markets perform, taking the social context as a given. Networks and Markets showcases what each discipline does best and reveals where each discipline would do better by borrowing from the other.



The Oxford Handbook Of Political Networks


The Oxford Handbook Of Political Networks
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Author : Jennifer Nicoll Victor
language : en
Publisher: Oxford University Press
Release Date : 2018

The Oxford Handbook Of Political Networks written by Jennifer Nicoll Victor and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Political Science categories.


Politics is intuitively about relationships, but until recently the network perspective has not been a dominant part of the methodological paradigm that political scientists use to study politics. This volume is a foundational statement about networks in the study of politics.



Monopolistic Competition And International Trade


Monopolistic Competition And International Trade
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Author : Henryk Kierzkowski
language : en
Publisher: Oxford University Press, USA
Release Date : 1984

Monopolistic Competition And International Trade written by Henryk Kierzkowski and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.


The 1980s have seen significant advances in coordinating analyses of foreign trade with those of industrial organization. Contributors to this volume illuminate topics in trade theory, including the role of R & D, the nature of gains from trade, the part played by scale economies, thearguments for intervention, theories of intra-industry trade, international capital movements under monopolistic competition, and economic integration and product differentiation.



International Trade International Investment And Imperfect Markets


International Trade International Investment And Imperfect Markets
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Author : Richard E. Caves
language : en
Publisher:
Release Date : 1974

International Trade International Investment And Imperfect Markets written by Richard E. Caves and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Business & Economics categories.




Three Essays On Networks And Trade


Three Essays On Networks And Trade
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Author : Adam Jakubik
language : en
Publisher:
Release Date : 2018

Three Essays On Networks And Trade written by Adam Jakubik and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Business networks categories.


This thesis comprises three chapters that contribute to the fields of industrial organisation and international trade. The first chapter presents an application of network games to modelling the complex market structures in spatial competition, the second chapter studies how various sources of value added in China’s exports to the US affect employment in import competing sectors, and the third chapter reveals how the use of services in these sectors attenuates the employment effects of import competition. Although they follow different methodologies - the first chapter is applied theory and the latter two are empirical - the chapters have in common an underlying network structure to economic interactions, be it competitive relationships or inputoutput linkages, that shapes the outcomes of various forms of competition, spatial competition between firms and competition due to exposure to international trade. The first chapter models complex market structures as networks based on geographic or product space proximity. Firms set prices given the information they have of the network structure. I study how the network structure and firms’ knowledge of the network structure jointly determine equilibrium pricing behaviour. The second chapter studies the relationship between increased trade with China bilateral trade flows allows to differentiate between effects of Chinese and third country drivers of the trade shock. We find that the negative labour market effects of imports are not driven by GVC integration and have greatly diminished by now. Evolving Chinese comparative advantage has extended the adjustment period. We contribute a novel trade exposure measure that accounts for exposure faced by upstream industries. The third chapter presents evidence that the use services inputs by manufacturing industries attenuates the impact of import competition. Potential mechanisms for this finding are explored, revealing significant heterogeneity across different services.



Trading In A New World Order


Trading In A New World Order
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Author : Bruno Lanvin
language : en
Publisher: Westview Press
Release Date : 1993-04-19

Trading In A New World Order written by Bruno Lanvin and has been published by Westview Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-04-19 with Business & Economics categories.


Trade in services is becoming the fastest growing sector in international trade negotiations, and nothing is spurring this growth more than advances in telecommunications and computer technology. This book outlines developments in technology as well as their political and economic impacts.



International Trade And Distortions In Factor Markets


International Trade And Distortions In Factor Markets
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Author : Stephen P. Magee
language : en
Publisher:
Release Date : 1976

International Trade And Distortions In Factor Markets written by Stephen P. Magee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business & Economics categories.




International Trade Policy With Imperfect Competition


International Trade Policy With Imperfect Competition
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Author : Richard W. T. Pomfret
language : en
Publisher:
Release Date : 1992

International Trade Policy With Imperfect Competition written by Richard W. T. Pomfret and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.