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Offshoring and Directed Technical Change
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Barcelona Graduate School of Economics (Barcelona GSE) - 2014
We study the short- and long-run implications of offshoring on innovation, technology adoption, wage and income …-abundant West to a skill-scarce East. Profit maximization determines both the extent of offshoring and technological progress …. offshoring induces technical change with an ambiguous factor bias. When the initial level of offshoring is low, an increase in …
Persistent link: https://www.econbiz.de/10010950605
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Features of tertiarisation in the developed economies and worldwide offshoring
Chiaruttini, Maria Stella - European Regional Science Association - 2013
export-driven Germany, or the industrial producer China and the offshoring of services towards India. …
Persistent link: https://www.econbiz.de/10011132075
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OFFSHORING AND FINANCIAL MARKETS
Battisti, Gianfranco - European Regional Science Association - 2013
During the 20th century all economic structures underwent the impact of two epochal phenomena, the communications revolution and the financialization of economy. As a consequence of the never ending technological progress, the first has repeatedly reduced the friction of distance, provoking a...
Persistent link: https://www.econbiz.de/10011132096
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The Skill Bias of World Trade
Epifani, Paolo; Gancia, Gino - Barcelona Graduate School of Economics (Barcelona GSE) - 2004
Under plausible assumptions about preferences and technology, the model in this paper suggests that the entire volume of world trade matters for wage inequality. Therefore, trade integration, even among identical countries, is likely to increase the skill premium. Further, we argue that...
Persistent link: https://www.econbiz.de/10010547181