Showing 1 - 10 of 32
In recent decades, advances in information and communication technology and falling trade barriers have led firms to retain within their boundaries and in their domestic economies only a subset of their production stages. A key decision facing firms worldwide is the extent of control to exert...
Persistent link: https://www.econbiz.de/10013014670
The shift towards a “factory-free” economy has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or ‘beggar-thy-neighbour' cost-competitiveness policies. Yet companies that concentrate research and...
Persistent link: https://www.econbiz.de/10012965957
Can a country gain international competitiveness by the design of optimal monetary stabilization rules? This paper … exports. The welfare gains from international policy coordination are large relative to the case of self-oriented, strategic …
Persistent link: https://www.econbiz.de/10013077221
In this paper we analyze the link between corruption money laundering and round-trip investment via offshore jurisdictions utilizing Russian firm-level data. In particular we empirically explore location strategies of round-trip investors (namely, from Cyprus and British Virgin Islands) across...
Persistent link: https://www.econbiz.de/10013082421
This paper studies price and quality differences across international intermediate input suppliers. We develop price …
Persistent link: https://www.econbiz.de/10013062082
mechanism ndash; spaghetti bowls as building blocs ndash; whereby offshoring creates a force that encourages the …
Persistent link: https://www.econbiz.de/10012778295
Beginning in 2004, official statistics display a slowdown in U.S. productivity growth. We show how offshore profit shifting by U.S. multinational enterprises affects GDP and, thus, productivity measurement. Profit shifting increased in the mid- 1990s, resulting in lower measured productivity...
Persistent link: https://www.econbiz.de/10012958592
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing … firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …
Persistent link: https://www.econbiz.de/10012997887
This paper exploits a unique offshoring survey to show that firms continue domestic production of the same goods they …. Firms’ reactions also motivate a new offshoring measure – produced- good imports – that is readily observed in most firm …
Persistent link: https://www.econbiz.de/10013315325
This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical … findings from micro data on plants and firms proposed challenges for existing models of international trade and inspired the … multi-product firms, offshoring, intra-firm trade and firm export market dynamics …
Persistent link: https://www.econbiz.de/10013118121