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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
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
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