Intra-firm trade and contract completeness: Evidence from Japanese foreign-affiliated firms

研究成果: Chapter

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The issue on growth and its variations of the intra-firm trade of intermediate inputs are of great interest in international economics. Recently, many economists have stepped forward to explain this issue. However, traditional trade theory cannot explain the choice between intra-firm trade with vertical integration and international outsourcing. Thus, researchers are motivated to incorporate the concepts from industrial organization and contract theory to explain the organizational structure of firms. Using micro data at the affiliate-firm level, this chapter examines the determinants of intra-firm trade by shedding light not only on factor prices and trade costs but also on organizational structure in terms of the ownership of overseas plants and the control over intermediate inputs for further processing. Since organizational structure and intra-firm trade are jointly determined, we adopt instrumental variable (IV) regressions into our analysis and treat the choice of purchasing managers as an endogenous variable. The results suggest that the control over input decisions critically affects the intra-firm trade of intermediate inputs.

元の言語English
ホスト出版物のタイトルInternationalization of Japanese Firms
ホスト出版物のサブタイトルEvidence from Firm-level Data
出版者Springer Japan
ページ151-169
ページ数19
9784431545323
ISBN(電子版)9784431545323
ISBN(印刷物)443154531X, 9784431545316
DOI
出版物ステータスPublished - 2014 12 1

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ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

これを引用

Matsuura, T., & Ito, B. (2014). Intra-firm trade and contract completeness: Evidence from Japanese foreign-affiliated firms. : Internationalization of Japanese Firms: Evidence from Firm-level Data (巻 9784431545323, pp. 151-169). Springer Japan. https://doi.org/10.1007/978-4-431-54532-3_8