Description
Book SynopsisGlobal Production is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions are dominated by sales of individual components and
Trade Review"This book is an excellent addition for graduate courses and a great reference for researchers."--Choice
Table of ContentsPreface vii I Introduction 1 1 Made in theWorld 3 2 Workhorse Models 28 II Location 57 3 Contracts and Export Behavior 59 4 Contracts and Global Sourcing 94 5 Contracts and Sourcing: Evidence 128 III Internalization 167 6 The Transaction-Cost Approach 169 7 The Property-Rights Approach 192 8 Internalization: Empirical Evidence 217 IV Appendixes 263 Bibliography 307 Index 319