Trade-in-goods and trade-in-tasks: An integrating framework
Richard Baldwin and
Frederic Robert-Nicoud
Journal of International Economics, 2014, vol. 92, issue 1, 51-62
Abstract:
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.
Keywords: Offshoring; Fragmentation; Task trade; Trade theorems (search for similar items in EconPapers)
JEL-codes: F11 F16 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (116)
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Related works:
Working Paper: Trade-in-goods and trade-in-tasks: An Integrating Framework (2010)
Working Paper: Trade-in-goods and trade-in-tasks: An Integrating Framework (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:inecon:v:92:y:2014:i:1:p:51-62
DOI: 10.1016/j.jinteco.2013.10.002
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