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I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009320400
We investigate the roles of productivity and the specificity of inputs for the international sourcing strategy of firms which are part of a multinational network. We present a framework in which firms decide to import from a foreign independent supplier or from their related party abroad...
Persistent link: https://www.econbiz.de/10009365648
Since the mid-1980s a substantial body of research has taken shape on trade in services. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on...
Persistent link: https://www.econbiz.de/10008502579
The paper investigates the relationship between offshoring, wages, and the ease with which individuals' tasks can be offshored. Our analysis relates to recent theoretical contributions arguing that there is only a loose relationship between the suitability of a task for offshoring and the...
Persistent link: https://www.econbiz.de/10008468618
motive for outsourcing supply (or distribution) in the face of market risk. …
Persistent link: https://www.econbiz.de/10008468694
The practice of sourcing service inputs from overseas suppliers has been growing in response to new technologies. This paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000, using instrumental variables estimation to address the potential...
Persistent link: https://www.econbiz.de/10005124479
This paper takes a new look at the issue of overseas sourcing of services. In framework in which comparative advantage is endogenous to agglomeration economies and factor mobility, the fragmentation of production made possible by the new communication technologies and low transportation costs...
Persistent link: https://www.econbiz.de/10005136522
organizational choice between direct investment and outsourcing. Although it raises tax revenue and welfare in the headquarter …
Persistent link: https://www.econbiz.de/10005061477
We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which …
Persistent link: https://www.econbiz.de/10005067585
The recent media and political attention on service outsourcing from developed to developing countries gives the … impression that outsourcing is exploding. As a result, workers in industrial countries are anxious about job losses. This Paper … aims to establish what are the hypes and what are the facts. The results show that although service outsourcing has been …
Persistent link: https://www.econbiz.de/10005504627