Outsourcing and pass-through

被引：38

作者：

Hellerstein, Rebecca ^{[1
]}

Villas-Boas, Sofia B. ^{[2
]}

机构：

[1] Fed Reserve Bank New York, Int Res Grp, New York, NY 10045 USA

[2] Univ Calif Berkeley, Berkeley, CA 94720 USA

来源：

JOURNAL OF INTERNATIONAL ECONOMICS | 2010年 / 81卷 / 02期

关键词：

Exchange-rate pass-through; Intra-firm trade; Outsourcing; Vertical contracts; EXCHANGE-RATE; VERTICAL RELATIONSHIPS; TRADE; PRICES; MODELS; COMPETITION; MARKETS; RATES; FIRMS; COST;

D O I：

10.1016/j.jinteco.2010.03.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A large share of international trade occurs through intra-firm transactions. We show that this common cross-border organization of the firm has implications for the well-documented incomplete transmission of shocks across such borders. We present new evidence of an inverse relationship between a firm's outsourcing of inputs and its rate of exchange-rate pass-through. We then develop a structural econometric model with final assemblers and upstream parts suppliers to quantify how firms' organization of their activities across national borders affects their pass-through behavior. (C) 2010 Elsevier B.V. All rights reserved.

引用

页码：170 / 183

页数：14

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