Cheng, Wan-jung; Riezman, Raymond Glenn; Wang, Ping - 2020
causes and consequences of outsourcing. While much of this work has focused on the outsourcing versus domestic production … decision of the firm with labor cost-saving as the key driver for outsourcing, we further explore how preference …-based outsourcing may arise in a dynamic world equilibrium. We address this problem in a North-South model in which the outsourcing …