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paper is motivated by recent evidence that trade has greatly expanded on the extensive margin (aka fragmentation, offshoring …
Persistent link: https://www.econbiz.de/10008468576
relative wages and the employment structure in US manufacturing. However, we present evidence to show that the recent … rise in offshoring. To analyze the relationship between globalization, offshoring and relative wages, we develop a general … equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative …
Persistent link: https://www.econbiz.de/10005123637
Trade in business services has been attracting attention from academic researchers, policy makers, and business journalists. While there are many anecdotes, there has been little in the way of formal theory applied to this issue. In this paper, we adapt a general model of fragmentation of...
Persistent link: https://www.econbiz.de/10005662176
Trade theory consists of a portfolio of models. What elements might be useful in modeling the offshoring of white … characteristics of offshoring, and then use those models to identify the effects of technological or institutional changes which allow … offshoring of white-collar services to occur. …
Persistent link: https://www.econbiz.de/10005667130
employment expansion, an effect quite different from the source of gains from trade in the conventional approach. Second, we show … workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high …
Persistent link: https://www.econbiz.de/10004964417
have been associated with employment cuts. Somewhat surprisingly, firm exits did not contribute significantly to aggregate …
Persistent link: https://www.econbiz.de/10005666743