Bursian, Dirk; Nagengast, Arne J. - 2018
demand, little is known about its impact on the capital side. In this paper, we analyse the effect of offshoring on the … demand for capital by asset class using a rich country-sector panel dataset. Estimating a system of factor demand equations …, we document that offshoring reduces the relative demand for non-ICT capital, thereby also polarising the demand for …