A survey of organizations and trade

Added to my “to read” list: “Organizations and Trade” (pdf) by Pol Antrás and Esteban Rossi-Hansberg.

We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we describe certain predictions of standard models that are affected or even overturned when organizational decisions are brought into the analysis. We also suggest potentially fruitful areas for future research.

It’s forthcoming in the first edition of the Annual Review of Economics.