Trade and Search: Social Capital, Sogo Shosha, and Spillovers
James Rauch
No 5618, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
A network/search view of international trade in differentiated products is proposed. It is shown that this view can explain the importance of ethnic and extended family ties in trade, the success of diversified trading intermediaries such as Japan's sogo shosha, and the ubiquity of government export promotion policies such as subsidized trade missions.
JEL-codes: F10 F13 (search for similar items in EconPapers)
Date: 1996-06
Note: ITI
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