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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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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
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Intellectual Property Rights and Efficient Firm Organization
Ponzetto, Giacomo - Barcelona Graduate School of Economics (Barcelona GSE) - 2014
manufacturers where IP rights are weaker, and a switch from integration to outsourcing over the product cycle. Empirical evidence on …
Persistent link: https://www.econbiz.de/10010775500