Intermediated trade

Quarterly Journal of Economics

Volumn 126, Issue 3, 2011, Pages 1319-1374

  Antràs, Pol ^a,b   Costinot, Arnaud ^a,b  

^a HARVARD UNIVERSITY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

AGRICULTURAL WORKER; GOODS EXCHANGE; INTERNATIONAL TRADE; NUMERICAL MODEL;

EID: 80052699792     PISSN: 00335533     EISSN: 15314650     Source Type: Journal    
DOI: 10.1093/qje/qjr019     Document Type: Article

References (51)

1. Acemoglu, Daron, and Robert Shimer, "Holdups and Efficiency with Search Frictions," International Economic Review, 40 (1999), 827-850
2. Ahn, JaeBin, Amit Khandelwal, and Shang-Jin Wei, "The Role of Intermediaries in Facilitating Trade," mimeo, Columbia University (2009)
3. Akerman, Anders, "A Theory on the Role of Wholesalers in International Trade Based on Economies of Scope," mimeo, Stockholm University (2010)
4. Anderson, James E., and Eric van Wincoop, "Trade Costs," Journal of Economic Literature, 42 (2004), 691-751.
5. Antràs, Pol, and Arnaud Costinot, "Intermediated Trade," NBER Working Paper No. 15750, February 2010a.
6. Antràs, Pol, and Arnaud Costinot, "Intermediation and Economic Integration," American Economic Review Papers and Proceedings, 100 (2010b), 424-428
7. Bardhan, Pranab, Dilip Mookherjee, and Masatoshi Tsumagari, "Middlemen Margins and Globalization," Working Paper, Boston University (2009)
8. Bates, Robert H., Markets and States in Tropical Africa: The Political Basis of Agricultural Policies (Berkeley: University of California Press, 1984).
9. Bauer, Peter Thomas, From Subsistence to Exchange and Other Essays (Princeton, NJ: Princeton University Press, 2000)
10. Bernard, A., Jensen, J.B., Redding, S.J and P.K. Schott, "Wholesalers and Retailers in US Trade," American Economic Review Papers and Proceedings, 100 (2010), 408-413
11. Bhagwati, Jagdish N., "The Generalized Theory of Distortion and Welfare," in Trade, Balance of Payments and Growth: Papers in International Economics in Honor of Charles P. Kindleberger, ed. J. N. Bhagwati et al. (Amsterdam: North-Holland, 1971).
12. Biglaiser, Gary, "Middlemen as Experts," Rand Journal of Economics, 24 (1993), 212-223
13. Blum, Bernardo S., Sebastián Claro, and Ignatius J. Horstmann, "Intermediation and the Nature of Trade Costs: Theory and Evidence," mimeo, University of Toronto (2009).
14. Chau, Nancy H., Hideaki Goto, and Ravi Kanbur, "Middlemen, Non-Profits and Poverty," CEPR Working Paper No. 7459 (2009)
15. Costinot, Arnaud, "Jobs, Jobs, Jobs: A 'New' Perspective on Protectionism," Journal of the European Economic Association, 7 (2009), 1011-1041
16. Dasgupta, Kunal, and Jordi Mondria, "Quality Uncertainty and Intermediation in International Trade," preliminary draft University of Toronto (2010)
17. Davidson, Carl, Lawrence Martin, and Steven Matusz, "The Structure of Simple General EquilibriumModels with Frictional Unemployment," Journal of Political Economy, 96 (1988), 1267-1293
18. Davidson, Carl, Lawrence Martin, and Steven Matusz, "Trade and Search Generated Unemployment," Journal of International Economics, 48 (1999), 271-299
19. Diamond, Peter A., "An Alternative to Steady-State Comparisons," Economics Letters, 5 (1980), 7-9.
20. Diamond, Peter A., "Aggregate Demand Management in Search Equilibrium," Journal of Political Economy, 90 (1982), 881-894.
21. Duffie, Darrell, Nicolae Gârleanu, and Lasse Heje Pedersen, "Over-the-Counter Markets," Econometrica, 73 (2005), 1815-1847
22. Eaton, Jonathan, Marcelo Eslava, Maurice Kugler, C. J. Krizan, and James Tybout, "A Search and Learning Model of Export Dynamics," mimeo, Penn State University (2010).
23. Eckel, Carsten, "International Trade and Retailing," CESifo Working Paper 2597 (2009)
24. Fafchamps, Marcel, and Ruth Vargas Hill, "Sellingat the Farm-Gateor Travelling to Market," American Journal of Agricultural Economics, 87 (2005), 717-734
25. Fafchamps, Marcel, and Ruth Vargas Hill, "Price Transmission and Trade Entry in Domestic Commodity Markets," Economic Development and Cultural Change, 56 (2008), 729-766
26. Feenstra, Robert C., and Gordon H. Hanson, "Intermediaries in Entrepôt Trade: Hong Kong Re-Exports of Chinese Goods," Journal of Economics and Management Strategy, 13 (2004), 3-35.
27. Feenstra, Robert C., Gordon H. Hanson, andSonghua Lin, "TheValue of Information in International Trade: Gains to Outsourcing through Hong Kong," B.E. Journal of Economic Analysis & Policy, 4 (2005).
28. Fernández-Blanco, Javier, "A Directed Search Model of Intermediated Trade," mimeo, Universidad Carlos III (2010)
29. Helpman, Elhanan, Oleg Itskhoki, and Stephen Redding, "Inequality and Unemployment in a Global Economy," Working Paper, Harvard University (2009)
30. Hosios, Arthur J., "On the Efficiency of Matching and Related Models of Search andUnemployment," Review of Economic Studies, 57 (1990a), 279-298.
31. Hosios, Arthur J., "Factor Market Search and the Structure of Simple General Equilibrium Models," Journal of Political Economy, 98 (1990b), 325-355
32. Hummels, David, Volodymyr Lugovskyy, and Alexandre Skiba, "The Trade Reducing Effects of Market Power in International Shipping," Journal of Development Economics, 89 (2009), 84-97
33. Landa, Janet T., "A Theory of the Ethnically Homogeneous Middleman Group: An Institutional Alternative to Contract Law," Journal of Legal Studies, 10 (1981), 349-362.
34. McMillan, Margaret, Dani Rodrik, and Karen Horn Welch, "When Economic Reform Goes Wrong: Cashews in Mozambique," Brookings Trade Forum (2003), 97-165
35. Morisset, Jacques, "Unfair Trade? The Increasing Gap between World and Domestic Prices in Commodity Markets during the Past 25 Years," World Bank Economic Review, 12 (1998), 503-526
36. Mortensen, DaleT., and Christopher A. Pissarides, "Job Creation and Job Destruction in the Theory of Unemployment," Review of Economic Studies, 61 (1994), 397-415.
37. Oxfam, Mugged: Poverty in Your Coffee Cup (Oxfam, 2002)
38. Pissarides, Christopher A., "Trade Unions and the Efficiency of the Natural Rate of Unemployment," Journal of Labor Economics, 4 (1986), 582-595.
39. Pissarides, Christopher A., "Equilibrium Unemployment Theory, 2nd ed. (Cambridge, MA: MIT Press, 2009).
40. Raff, Horst, and Nicolas Schmitt, "Buyer Power in International Markets," Journal of International Economics 79 (2009), 222-229
41. Rauch, James E., "Business and Social Networks in International Trade," Journal of Economic Literature, 39 (2001), 1177-1203.
42. Rauch, James E., and Joel Watson, "Network Intermediaries in International Trade," Journal of Economics and Management Strategy, 13 (2004), 69-93.
43. Rogerson, Richard, Robert Shimer, and Randall Wright, "Search-Theoretic Models of the Labor Market: A Survey," Journal of Economic Literature, 43 (2005), 959-988
44. Roth, Alvin E., "A Note on Risk Aversion in a Perfect Equilibrium Model of Bargaining," Econometrica, 53 (1985), 207-211.
45. Roth, Alvin E., and Uriel G. Rothblum, "Risk Aversion and Nash's Solution for Bargaining Games with Risky Outcomes," Econometrica, 50 (1982), 639-647.
46. Rubinstein, Ariel, "Perfect Equilibriumin a Bargaining Model," Econometrica, 50 (1982), 97-109
47. Rubinstein, Ariel, and Asher Wolinsky, "Middlemen," Quarterly Journal of Economics, 102 (1987), 581-594
48. Spulber, Daniel F, "Market Microstructure and Intermediation," Journal of Economic Perspectives, 10 (1996a), 135-152
49. Spulber, Daniel F, "Market Making by Price-Setting Firms," Review of Economic Studies, 63 (1996b), 559-580
50. Stahl, Dale O., "Price-Setting Merchants in a Simple Trade Model," Journal of International Economics, 24 (1988), 197-216.
51. Wallis, J. J., andDouglas North, "Measuring the Transaction Sector in the American Economy," Long-term Factors in American Economic Growth, Studies in Income and Wealth no. 51, ed. S. L. Engerman and R. E. Callman (Chicago: University of Chicago Press, 1986).