The Aggregate Welfare and Trade Implications of Contracting Frictions in Global Sourcing
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https://www.nber.org/papers/w34044
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How much do contracting frictions between global firms and their suppliers impact country welfare and trade? We answer this by developing a model of global sourcing under partial contractibility, where firm-supplier relationships are exposed to a bilateral holdup problem. Sourcing decisions
跨国企业与其供应商之间的契约摩擦（contracting frictions）对国家福利与贸易的影响程度究竟如何？本文通过构建部分契约可执行性（partial contractibility）框架下的全球采购（global sourcing）模型对该问题展开研究，该模型中企业与供应商的关系面临双边敲竹杠问题（bilateral holdup problem）。采购决策
提供机构：
美国国家经济研究局
创建时间：
2025-07-01
