Offshoring and Specialisation: Are Industries Moving Abroad?
This paper investigates the impact of off-shoring on specialisation via its effect on national endowments and productivity. We use different definition of off-shoring to properly capture international fragmentation of production, while controlling for countries? stocks of R&D and ICT capital. Using industry data for the US, Japan and Europe we show that while offshoring of materials can benefit a wide range of industries, service and intra-industry offshoring can decrease specialisation in high-tech industry, both within manufacturing and services. This effect can be compensated with increasing R&D investments.
Year of publication: |
2011-12-01
|
---|---|
Authors: | Bournakis, Ioannis ; Vecchi, Michela ; Venturini, Francesco |
Institutions: | Dipartimento di Economia, Università degli Studi di Perugia |
Saved in:
freely available
Saved in favorites
Similar items by person
-
ICT spillovers, absorptive capacity and productivity performance
Vecchi, Michela, (2012)
-
Looking into the black box of Schumpeterian Growth Theories: an empirical assessment of R&D races
Venturini, Francesco, (2011)
-
Product variety, product quality, and evidence of Schumpeterian endogenous growth: a note
Venturini, Francesco, (2011)
- More ...