4.3 Article

Trade-in-goods and trade-in-tasks: An integrating framework

期刊

JOURNAL OF INTERNATIONAL ECONOMICS
卷 92, 期 1, 页码 51-62

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ELSEVIER SCIENCE BV
DOI: 10.1016/j.jinteco.2013.10.002

关键词

Offshoring; Fragmentation; Task trade; Trade theorems

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We introduce a simple but flexible analytical framework in which both trade in goods and trade in tasks arise. We use this framework to provide versions of the gains-from-trade and the famous four HO theorems (Heckscher-Ohlin, factor-price-equalisation, Stolper-Samuelson, and Rybczynski) that apply to this environment. We extend our framework to accommodate monopolistic competition and two-way offshoring and to integrate theoretical results of the early offshoring literature. (C) 2013 Elsevier B.V. All rights reserved.

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