Showing 1 - 7 of 7
between offshoring and exports. We model a world consisting of many advanced countries that trade differentiated goods among …
Persistent link: https://www.econbiz.de/10010762067
During the last few decades, many emerging markets have lifted restrictions on cross-border financial transactions. The conventional view was that this would allow these countries to: (i) receive capital in flows from advanced countries that would finance higher investment and growth; (ii)...
Persistent link: https://www.econbiz.de/10010851384
As a result of debt enforcement problems, many high-productivity firms in emerging economies are unable to pledge enough future profits to their creditors and this constrains the financing they can raise. Many have argued that, by relaxing these credit constraints, reforms that strengthen...
Persistent link: https://www.econbiz.de/10010851426
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
Services offshoring is on the rise. Due to recent innovations in communication technologies, many services that used to … over the past decades, indicating under-exploitation of the potential for services offshoring. To understand this … establishes that the level of services offshoring is lower in industries with greater offshoring potentials, as captured by their …
Persistent link: https://www.econbiz.de/10011093716
This study addresses the impact of offshorability (a job characteristic indicating how easily a job can be offshored) on employment changes and worker mobility in Germany. A composite measure of offshorability for German data is used which broadens existing measurements such as Blinder (2009)....
Persistent link: https://www.econbiz.de/10011093722
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