Bandyopadhyay, Subhayu; Basu, Arnab K.; Chau, Nancy H.; … - 2020
We present a model of offshoring of tasks to a developing nation, which is characterized by a minimum wage formal … informal sector. An improvement in the productivity in performing offshored tasks in the developing country raises offshoring … improvements in the informal sector expand both offshoring and outsourcing, and the developed nation wage must rise. When the …