Intra-Firm Trade and Product Contractability
نویسندگان
چکیده
Forty-six percent of U.S. imports occur between related parties. This aggregate statistic, however, obscures considerable variation in intrarm intensity across import partners as well as products. Indeed, while 74 percent of U.S. imports from Japan are intrarm, the gure for Bangladesh is just 2 percent. Likewise, trade between related parties accounted for 2 percent of U.S. imports of rubber and plastic footwear, but more than 70 percent of U.S. imports of autos, medical equipment and instruments. There is also signi cant variation in intrarm intensity across countries within products. Photo Films, Plates and Chemicals (NAICS 325992), for example, ranks fth overall in terms of the share of intrarm trade, but half of the countries from which it is sourced (by volume) exported it to the United States almost completely at arm's length.1
منابع مشابه
No 978 May 2010 Intra - Firm Trade and Product Contractibility ( Long Version )
This paper examines the determinants of intra-firm trade in U.S. imports using detailed countryproduct data. We create a new measure of product contractibility based on the degree of intermediation in international trade for the product. We find important roles for the interaction of country and product characteristics in determining intra-firm trade shares. Intra-firm trade is high for product...
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