Groizard, Jose L.; Ranjan, Priya; Rodriguez-Lopez, Antonio - CESifo - 2013
, and on the economy-wide unemployment rate. A reduction in the offshoring cost affects intrafirm and intrasectoral … reallocation in the differentiated-good sector through a job-relocation effect, a productivity effect, and a competition effect … economy-wide unemployment rate are the elasticity of substitution between inputs and the elasticity of demand for …