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In today’s globalized economy, firms often consider offshoring when confronted by rising costs and fierce competition …. One mode of offshoring has continued to grow despite the current global economic turmoil: the captive center. Captive …-office activities. In Offshoring Strategies, Ilan Oshri examines the evolution of the captive center. He identifies basic captive center …
Persistent link: https://www.econbiz.de/10008919677
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
workers in the middle of the wage distribution. In Offshoring in the Global Economy, noted economist Robert Feenstra offers a …, prices, and productivity on the macroeconomics of offshoring. In a concluding chapter, he addresses the broader implications … of both empirical and theoretical work on offshoring and suggests directions for future research. Ohlin Lectures series …
Persistent link: https://www.econbiz.de/10008632718
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