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International Comovement in the Global Production Network

Huo, Zhen - 2019

This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...

Persistent link: https://www.econbiz.de/10012479927

Trade, Production Sharing, and the International Transmission of Business Cycles

Burstein, Ariel - 2008

Countries that are more engaged in production sharing exhibit higher bilateral manufacturing output correlations. We use data on trade flows between US multinationals and their affiliates as well as trade between the United States and Mexican maquiladoras to measure production-sharing trade and...

Persistent link: https://www.econbiz.de/10012464916

Home and Host Country Effects of FDI

Lipsey, Robert E. - 2002

Fears that production abroad would cause home country exports and employment to fall have not been confirmed by evidence. Multinational operations have led to a shift by parent firms in the United States toward more capital- intensive and skill- intensive domestic production. However, that type...

Persistent link: https://www.econbiz.de/10012469414

Innovation and Production in the Global Economy

Arkolakis, Costas - 2013

The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others to specialize in production. To study the aggregate and distributional implications of this phenomenon, we develop a quantifiable general equilibrium model of trade and MP....

Persistent link: https://www.econbiz.de/10012459690

Selection and Market Reallocation : Productivity Gains from Multinational Production

Alfaro, Laura - 2012

Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity improvement; however, an alternative, less emphasized explanation is between-firm selection and...

Persistent link: https://www.econbiz.de/10012460453

Pandemic-Era Inflation Drivers and Global Spillovers

Di Giovanni, Julian; Kalemli-Ozcan, Sebnem; Silva, Álvaro - National Bureau of Economic Research - 2023

We estimate a multi-country multi-sector New Keynesian model to quantify the drivers of domestic inflation during 2020-2023 in several countries, including the United States. The model matches observed inflation together with sector-level prices and wages. We further measure the relative...

Persistent link: https://www.econbiz.de/10014437018

Outsourcing and off-shoring of IT : a challenge for customs?

2006

Persistent link: https://www.econbiz.de/10003371742

Fear of Service Outsourcing : Is It Justified?

Amiti, Mary - 2004

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/10012467881

Digital Labor Markets and Global Talent Flows

Horton, John - 2017

-connected exchanges on digital platforms, 2) gravity model analyses of global outsourcing contract flows and their determinants for …

Persistent link: https://www.econbiz.de/10012455283

Internalizing Global Value Chains : A Firm-Level Analysis

Alfaro, Laura - 2015

In recent decades, advances in information and communication technology and falling trade barriers have led firms to retain within their boundaries and in their domestic economies only a subset of their production stages. A key decision facing firms worldwide is the extent of control to exert...

Persistent link: https://www.econbiz.de/10012457087