Intermediation and Economic Integration
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Costinot_Intermediation and.pdf
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Author(s) •
Antras, Pol
Costinot, Arnaud
Date Issued
May 2010
Journal
American Economic Review
Publisher
American Economic Association
Citation
Antrás, Pol, and Arnaud Costinot. 2010. "Intermediation and Economic Integration." American Economic Review, 100(2): 424–28.
Version
Author's final manuscript
Abstract
The theory of international trade has paid scant
attention to market institutions. Neither neoclassical
theory nor new trade models typically specify the
process by which supply and demand meet. Yet in the
real world, intermediaries play a central role in materializing
the gains from exchange outlined by standard
trade theories.
MIT Department
Massachusetts Institute of Technology. Department of Economics
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Creative Commons Attribution-Noncommercial-Share Alike 3.0
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DOI of Published Version
https://doi.org/10.1257/aer.100.2.424