An Elementary Theory of Global Supply Chains

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 fre...

Full description

Bibliographic Details
Main Authors: Costinot, Arnaud, Wang, Su, Vogel, Jonathan
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: Oxford University Press 2013
Online Access:http://hdl.handle.net/1721.1/82665
https://orcid.org/0000-0002-2240-0860
https://orcid.org/0000-0002-5503-297X