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International Trade and Internal Organization

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  • U Patel

Abstract

This paper integrates theories of internal organisation with a model of international trade. We add another dimension ù how decisions regarding which ideas or projects to accept are made ù to the standard trade framework. It is shown that asymmetry in the organisation of economies per se can be a source of comparative advantage and two-way trade. The framework in the paper is flexible enough to be incorporated in most international trade models (irrespective of market structure).

Suggested Citation

  • U Patel, 1997. "International Trade and Internal Organization," CEP Discussion Papers dp0328, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepdps:dp0328
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    File URL: https://cep.lse.ac.uk/pubs/download/DP0328.pdf
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    Cited by:

    1. Patel, Urjit R., 2000. "International trade and internal organization," Journal of Economic Behavior & Organization, Elsevier, vol. 43(3), pages 337-357, November.

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