Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - 2024
labour market power. However, offshoring between symmetric countries has negative welfare effects and therefore calls for … moderate minimum wage increases offshoring and reduces welfare. In contrast, a sizable minimum wage reduces offshoring and … increases welfare. Beyond that, we also show that a sufficiently high common minimum wage cannot only eliminate offshoring but …