Konferenzbeitrag
Inventory Control and Intermediation in Global Supply Chains
The paper develops a simple theoretical model of inventory control in global value chains. It identifies a role for intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a value chain is profitable when demand volatility is high. It also provides conditions under which the intermediary handling inventory is located in the exporting versus the importing country. Trade liberalization in the form of less lumpy trade is shown to expand the role of export and import intermediaries but to have potentially negative effects on the volume of international trade and social welfare in the importing country.
- Sprache
-
Englisch
- Erschienen in
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2015: Ökonomische Entwicklung - Theorie und Politik - Session: International Trade II ; No. B08-V3
- Klassifikation
-
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Multinational Firms; International Business
Firm Organization and Market Structure
- Ereignis
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Geistige Schöpfung
- (wer)
-
Raff, Horst
Qu, Zhan
Schmitt, Nicolas
- Ereignis
-
Veröffentlichung
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Raff, Horst
- Qu, Zhan
- Schmitt, Nicolas
Entstanden
- 2015