An Elementary Theory of Global Supply Chains
This article develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods and one final good. Production of the final good is sequential and subject to mistakes. In the unique fre...
Main Authors: | , , |
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Oxford University Press,
2013-12-06T17:19:10Z.
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Subjects: | |
Online Access: | Get fulltext |