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Offshoring is generally believed to be productivity-enhancing and this belief is underpinned by economic theory. This … productivity. Estimating the impact of materials and business services offshoring on productivity growth with industry-level data … show that there is no productivity effect of materials offshoring, while business services offshoring leads to productivity …
Persistent link: https://www.econbiz.de/10009149157
studies conducted so far focus alone on the productivity effects of offshoring at the firm level. Here I carry out the …. On the other hand, positive effects on the growth rate of productivity are found as a result of both types of offshoring …First moves towards a real understanding of offshoring date back to very recent times. In particular for Japan, the …
Persistent link: https://www.econbiz.de/10008839298
consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The …
Persistent link: https://www.econbiz.de/10009369421
This paper uses a two country trade and geography model of monopolistic competition to study the effects of wage policies and social policies on the location of industry. It is first shown that a union wage push in one of two otherwise identical countries induces a relocation of firms which...
Persistent link: https://www.econbiz.de/10005703558
Recently, the interactions between product market structure and labor market outcomes have come under increased scrutiny. This paper considers the dynamic relationship between product market entry regulation and equilibrium unemployment and wages, both theoretically and quantitatively. The main...
Persistent link: https://www.econbiz.de/10005822585
firms to leave the market, thereby affecting aggregate productivity. Since wage and productivity responses are endogenous …, our model is well suited to study the impacts of trade integration on aggregate productivity and factor prices. Using … Canada-U.S. interregional trade data, we first estimate a system of theory-based gravity equations under the general …
Persistent link: https://www.econbiz.de/10005822765
change in competition. Higher substitutability increases welfare, output and productivity because resources shift towards the …
Persistent link: https://www.econbiz.de/10005763546
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10005103278
Recent empirical contributions in labor economics suggest that individual firms face upward sloping labor supplies. We rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers’ decisions to work for specific firms. Likewise, firms supply...
Persistent link: https://www.econbiz.de/10008611313
The paper contributes to the globalization debate by scrutinizing the international spillover effects which are provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For this purpose a two-country model with imperfect...
Persistent link: https://www.econbiz.de/10005566676