composition of intermediate goods, and the distinction between value added productivity and gross output productivity. We …

based on the theory of call options, I solve ‘FDI option’ as a put option, thereby also enriching the theory of real options. …

elasticity and multiple asymmetric regions, in which trade integration induces wage and productivity changes. Using Canada …-US interregional trade data, we structurally estimate a theory-based gravity equation system featuring endogenous wages and … productivity. Given the estimated parameter values, we first decompose border effects into a pure border effect, relative and …

A simple model of offshoring is used to integrate the complex gallery of results that exist in the theoretical … offshoring/fragmentation literature. The paper depicts offshoring as ‘shadow migration’ and shows that this allows … conditions are provided). We show that offshoring requires modification of the four HO theorems, so econometricians who ignore …

In this paper, we review recent developments in the field of outsourcing and offshoring and the implications for … engineering management. We examine three aspects involved in outsourcing and offshoring, namely, sourcing models, coordination …

intermediaries, such as the facilitating team production or increasing worker productivity, explain, at most, only a small share of …

United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …