Trade-in-goods and trade-in-tasks_ An integrating framework

Trade-in-goods and trade-in-tasks_ An integrating framework

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1、JournalofInternationalEconomics92(2014)51–62ContentslistsavailableatScienceDirectJournalofInternationalEconomicsjournalhomepage:www.elsevier.com/locate/jieTrade-in-goodsandtrade-in-tasks:Anintegratingframeworka,c,eb,c,d,⁎RichardBaldwin,FrédéricRobert-NicoudaGraduateInstitute,Geneva,Swit

2、zerlandbUniversityofGeneva,SwitzerlandcCEPR,UnitedKingdomdSERC,UnitedKingdomeNBER,UnitedStatesarticleinfoabstractArticlehistory:Weintroduceasimplebutflexibleanalyticalframeworkinwhichbothtradeingoodsandtradeintasksarise.WeReceived10October2011usethisframeworktoprovideversionsofthegains-f

3、rom-tradeandthefamousfourHOtheorems(Heckscher–Receivedinrevisedform3October2013Ohlin,factor-price-equalisation,Stolper–Samuelson,andRybczynski)thatapplytothisenvironment.WeextendAccepted3October2013ourframeworktoaccommodatemonopolisticcompetitionandtwo-wayoffshoringandtointegratetheoret

4、icalAvailableonline24October2013resultsoftheearlyoffshoringliterature.©2013ElsevierB.V.Allrightsreserved.JELclassification:F11F16Keywords:OffshoringFragmentationTasktradeTradetheorems1.Introductiongains-from-tradetheorem.Finally,weshowhowspecificassumptionsintheoffshoringliteraturesimplif

5、ytheanalysisandleadtospecificAgrowinglistofeconomistsarguesthatthenatureofinternationalandstrongresultsinourframework.1tradeischanginginimportantways.InsteadofsimplycreatingmoreIntegratingtask-tradeintothetrade-in-goodsliteratureisimportanttradeingoods,globalintegrationisincreasinglymark

6、edbytradeofforatleastthreereasons.First,asubstantialfractionofworldoutputintermediategoodsandservices,alsoknownas‘fragmentation’,remainstradedacrossinternationalboundariesandtradeincom-‘offshoring’or‘tasktrade’.Theimportanceofthistradehasbeenponentsandintermediateservicesrepresentsagrow

7、ingfractionofclarifiedwithnewdatasetsthatremovethedoublecountingincustomsthistrade(WTO,2008).Itisthusimportanttostudythesefactsjointly.statisticsthatariseswhenintermediatescrossbordersontheirownandSecond,thistrendhaselicitedasubstantialnumberoftheoreticalthenareembodiedinfurther

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