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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

Betting on Exports: Trade and Endogenous Heterogeneity

Bonfiglioli, Alessandra; Gancia, Gino - Barcelona Graduate School of Economics (Barcelona GSE) - 2015

We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can choose between different probability distributions when drawing productivity at the entry stage and explore the implications in closed and open economy. One novel result is that export opportunities,...

Persistent link: https://www.econbiz.de/10011261232

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