Networks and Trade

By Andrew B. Bernard, Andreas Moxnes. Annual Review of Economics, 2018

149 citations recorded by the source corpus.

Trade occurs between firms both across borders and within countries, and most trade transactions include at least one large firm with many trading partners. This article reviews the literature on firm-to-firm connections in trade. A growing body of evidence coming from domestic and international transaction data has established empirical regularities that have inspired the development of new theories emphasizing firm heterogeneity among both buyers and suppliers in production networks. Theoretical work has considered both static and dynamic matching environments in a framework of many-to-many matching. The literature on trade and production networks is at an early stage, and there are many unanswered empirical and theoretical questions.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/707300e7d4d8a578309c06cfd66a5d525ee8185a

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Citations in the corpus

The Origins of Firm Heterogeneity: A Production Network Approach (2019, background): “The paper also adds to a growing literature on buyer-supplier production networks (see Bernard and Moxnes, 2018 for a recent survey).”
Production Networks: A Primer (2019, background): “Carvalho et al. (2016) and Bernard et al. (forthcoming) report some stylized facts emerging from the Japanese data, while Bernard et al. (2018) do the same for Belgium.”