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paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000, using …. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller accounting for approximately … instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring has a …
Persistent link: https://www.econbiz.de/10005124479
This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and … on incentives to influence multinational firms’ location choices. …
Persistent link: https://www.econbiz.de/10005124197
reconcile the conflicting primal and dual estimates of productivity growth over the period. …
Persistent link: https://www.econbiz.de/10011249371
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
The world is replete with spatial frictions. Shipping goods across cities entails trade frictions. Commuting within …-size distribution? Do they affect individual city sizes? Do they contribute to the productivity advantage of large cities and the nature …
Persistent link: https://www.econbiz.de/10009322503
productivity in the generation segment of the industry. Controlling explicitly for sources of price-heterogeneity across firms and …
Persistent link: https://www.econbiz.de/10009385757
The paper presents new stylized facts on the direction of capital flows. We find (i) international capital flows net of government debt and/or official aid are positively correlated with growth; (ii) sovereign debt flows are negatively correlated with growth only if debt is financed by another...
Persistent link: https://www.econbiz.de/10009364326
The literature has shown that the implied welfare gains from international financial integration are very small. We revisit the existing findings and document that welfare gains can be substantial if capital goods are not perfect substitutes. We use a model of optimal savings that includes a...
Persistent link: https://www.econbiz.de/10009364327
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 … transaction. The dataset also provides information to estimate the firms' productivity and their intensity in relationship …
Persistent link: https://www.econbiz.de/10009365648
distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high … productivity firms optimally raise their markup rather than the volume they export, low productivity firms choose the opposite … aggregate impact of exchange rate movements. The presence of fixed costs to export means that only high productivity firms can …
Persistent link: https://www.econbiz.de/10008506840