Relationship-specificity, incomplete contracts, and the pattern of trade

Quarterly Journal of Economics

Volumn 122, Issue 2, 2007, Pages 569-600

  Nunn, Nathan ^a  

^a UNIVERSITY OF BRITISH COLUMBIA   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34249849972     PISSN: 00335533     EISSN: 15314650     Source Type: Journal    
DOI: 10.1162/qjec.122.2.569     Document Type: Article

References (63)

1. Acemoglu, Daron, Pol Antràs, and Elhanan Helpman, "Contracts and Technology Adoption," Mimeograph, Harvard University, 2005.
2. Acemoglu, Daron, and Simon Johnson, "Unbundling Institutions," Journal of Political Economy, CXIII (2004), 949-995.
3. Acemoglu, Daron, Simon Johnson, and James A. Robinson, "The Rise of Europe: Atlantic Trade, Institutional Change and Economic Growth," American Economic Review, XCV (2005), 546-579.
4. Anderson, James E., and Douglas Marcouiller, "Insecurity and the Pattern of Trade: An Empirical Investigation," Review of Economics and Statistics, LXXXIV (2002), 342-352.
5. Antràs, Pol, "Firms, Contracts and Trade Structure," Quarterly Journal of Economics, CXVIII (2003), 1375-1418.
6. _, "Incomplete Contracts and the Product Cycle," American Economic Review, XCV (2005), 1054-1073.
7. Antràs, Pol, and Elhanan Helpman, "Global Sourcing," Journal of Political Economy, CXII (2004), 552-580.
8. Antweiler, Werner, and Daniel Trefler, "Increasing Returns and All That: A View from Trade," American Economic Review, XCII (2002), 93-119.
9. Balassa, Bela, "An Empirical Demonstration of Classical Comparative Cost Theory," Review of Economics and Statistics, XLV (1963), 231-238.
10. Bartelsman, Eric J., and Wayne Gray, "The NBER Manufacturing Productivity Database," Technical Working Paper 205, National Bureau of Economic Research, 1996.
11. Beck, Thorsten, "Financial Dependence and International Trade," Review of International Economics, XI (2003), 296-316.
12. Beck, Thorsten, Alsi Demirgüç-Kunt, and Ross Levine, "A New Database on Financial Development and Structure," World Bank Working Paper Series, 1999.
13. Belsley, David A., Edwin Kuh, and Roy E. Welsch, Regression Diagnostics: Identifying Influential Data and Sources of Collinearity (New York: John Wiley & Sons, 1980).
14. Blanchard, Olivier, and Michael Kremer, "Disorganization," Quarterly Journal of Economics, CXII (1997), 1091-1126.
15. Costinot, Arnaud, "Contract Enforcement, Division of Labor and the Pattern of Trade," Mimeograph, Princeton University, 2005.
16. Davidson, Russel, and James G. MacKinnon, Estimation and Inference in Econometrics (New York: Oxford University Press, 1993).
17. de Groot, Henri L. F., Gert-Jan Linders, Piet Rievtveld, and Uma Subramanian, "The Institutional Determinants of Bilateral Trade Patterns," Kyklos, LVII (2004), 103-124.
18. Djankov, Simeon, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer, "Courts," Quarterly Journal of Economics, CXVIII (2003), 453-517.
19. Do, Quy-Toan, and Andrei A. Levchenko, "Comparative Advantage, Demand for External Finance, and Financial Development," Working Paper WPS3889, World Bank, 2006.
20. Feenstra, Robert C., "U. S. imports, 1972-1994: Data and Concordance," Working Paper 5515, National Bureau of Economic Research, 1996.
21. _, "World Trade Flows 1980-1997," Mimeograph, University of California Davis, 2000.
22. Golub, Stephen S., and Chang-Tai Hsieh, "Classical Ricardian Theory of Comparative Advantage Revisited," Review of International Economics, VIII (2000), 221-234.
23. Grossman, Gene, and Elhanan Helpman, "Integration versus Outsourcing in Industry Equilibrium," Quarterly Journal of Economics, CXVII (2002), 85-120.
24. _, "Outsourcing versus FDI in Industry Equilibrium," Journal of the European Economic Association, I (2003), 317-327.
25. _, "Outsourcing in a Global Economy," Review of Economic Studies, LVVII (2005), 135-159.
26. Grossman, Sanford J., and Oliver D. Hart, "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Journal of Political Economy, XCIV (1986), 691-719.
27. Gwartney, James, and Robert Lawson, "Economic Freedom of the World: 2003 Annual Report," Mimeograph, Fraser Institute, 2003.
28. Hall, Robert E., and Charles I. Jones, "Why do Some Countries Produce So Much More Output per Worker than Others?" Quarterly Journal of Economics, CXIV (1999), 83-116.
29. Hart, Oliver, and John Moore, "Property Rights and the Nature of the Firm," Journal of Political Economy, XCVIII (1990), 1119-1158.
30. Head, Keith, John Ries, and Barbara J. Spencer, "Vertical Networks and US Auto Parts Exports: Is Japan Different?" Journal of Economics and Management Strategy, XIII (2004), 37-67.
31. Helpman, Elhanan, "Trade, FDI, and the Organization of Firms," Working Paper 12091, National Bureau of Economic Research, 2006.
32. Kaufmann, Daniel, Aart Kraay, and Massimo Mastruzzi, "Governance Matters III: Governance Indicators for 1996-2002," Working Paper No. 3106, World Bank, 2003.
33. Klein, Benjamin, Robert G. Crawford, and Armen A. Alchian, "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," Journal of Law and Economics, XXI (1978), 297-326,
34. La Porta, Rafael, Florencio Lopez-de-Silanes, Andrei Shleifer, and Robert Vishny, "Legal Determinants of External Finance," Journal of Finance, LII (1997), 1131-1150.
35. _, "Law and Finance," Journal of Political Economy, CVI (1998), 1113-1155.
36. _, "The Quality of Government," Journal of Law, Economics, and Organization, XV (1999), 222-279.
37. Lerner, Josh, and Antoinette Schoar, "Does Legal Enforcement Affect Financial Transactions? The Contractual Channel in Private Equity," Quarterly Journal of Economics, CXX (2005), 223-246.
38. Levchenko, Andrei, "Institutional Quality and International Trade," IMF Working Paper WP/04/231, International Monetary Fund, 2004.
39. López-Córdova, J. Ernesto, and Christopher M. Meissner, "The Globalization of Trade and Democracy, 1870-2000," Working Paper 11117, NBER, 2005.
40. MacDougall, G. D. A., "British and American Exports: A Study Suggested by the Theory of Comparative Costs. Part I," Economic Journal, LVI (1951), 697-724.
41. Maddison, Angus, The World Economy: A Millenia Perspective (Paris: Organisation for Economic Co-operation and Development, 2001).
42. Manova, Kalina, "Credit Constraints in Trade: Financial Development and Export Composition," Mimeograph, Harvard University, 2005.
43. Masten, Scott E., "The Organization of Production: Evidence from the Aerospace Industry," Journal of Law and Economics, XXVII (1984), 403-417.
44. Masten, Scott E., James W. Meehan, and Edward A. Snyder, "Vertical Integration in the U. S. Auto Industry: A Note on the Influence of Specific Assets," Journal of Economic Behavior and Organization, XII (1989), 265-273.
45. McLaren, John, "Globalization and Vertical Structure," American Economic Review, XC (2000), 1239-1254.
46. Monteverde, Kirk, and David J. Teece, "Supplier Switching Costs and Vertical Integration in the Automobile Industry," Bell Journal of Economics, XIII (1982), 206-213.
47. Nunn, Nathan, "Relationship-Specificity, Incomplete Contracts and the Pattern of Trade," Mimeograph, University of British Columbia, 2005.
48. Ornelas, Manuel, and John Turner, "Trade Liberalization, Outsourcing, and the Hold-Up Problem," Mimeograph, University of Georgia, 2005.
49. Puga, Diego, and Daniel Trefler, "Wake Up and Smell the Ginseng: The Rise of Incremental Innovation in Low-Wage Countries," Working Paper 11571, National Bureau of Economic Research, 2005.
50. Rajan, Raghuram G., and Luigi Zingales, "Financial Dependence and Growth," American Economic Review, LXXXVIII (1998), 559-586.
51. Ranjan, Priya, and Jae Young Lee, "Contract Enforcement and the Volume of International Trade in Different Types of Goods," Mimeograph, U.C. Irvine, 2004.
52. Rauch, James E., "Networks versus Markets in International Trade," Journal of International Economics, XLVIII (1999), 7-35.
53. Romalis, John, "Factor Proportions and the Structure of Commodity Trade," American Economic Review, XCIV (2004), 67-97.
54. Rosenbaum, Paul R., and Donald B. Rubin, "The Central Role of the Propensity Score in Observational Studies for Causal Effects," Biometrika, LXX (1983), 41-55.
55. _, "Reducing Bias in Observational Studies using Subclassification on the Propensity Score," Journal of the American Statistical Association, LXXIX (1984), 516-524.
56. Spencer, Barbara J., "International Outsourcing and Incomplete Contracts," Canadian Journal of Economics, XXXVIII (2005), 1107-1135.
57. Stern, Robert, "British and American Productivity and Comparative Costs in International Trade," Oxford Economic Papers, XIV (1962), 275-296.
58. Svaleryd, Helena, and Jonas Vlachos, "Financial Markets, the Pattern of Industrial Specialization and Comparative Advantage: Evidence from OECD Countries," European Economic Review, XLIX (2005), 113-144.
59. Trefler, Daniel, "Offshoring: Threats and Opportunities," in Brookings Trade Forum: 2005, Susan M. Collins and Lael Brainard, eds. (Washington, D.C.: Brookings Institution Press, 2005), 35-73.
60. UNIDO, "UNIDO Industrial Statistics Database in Revision 2 of ISIC: Methodology Notes," Mimeograph, United Nations Industrial Development Organization, 2003.
61. Williamson, Oliver E., "Transaction Cost Economics: The Governance of Contractual Relations," Journal of Law and Economics, XXII (1979), 233-261.
62. _, The Economic Institutions of Capitalism (New York: The Free Press, 1985).
63. World Bank, Doing Business in 2004: Understanding Regulation (Washington, D.C.: World Bank and Oxford University Press, 2004).