Showing 1 - 7 of 7
Estimating the causal effect of offshoring on domestic employment is difficult because of the inherent simultaneity of …. Underlying these results is substantial heterogeneity based on offshoring margin and firm organizational structure. For example …
Persistent link: https://www.econbiz.de/10012453767
This paper studies price and quality differences across international intermediate input suppliers. We develop price measures that account for (i) differences in product characteristics, (ii) unobserved quality differences, and (iii) pure (frictional) price dispersion across suppliers. Using...
Persistent link: https://www.econbiz.de/10012459006
Can a country gain international competitiveness by the design of optimal monetary stabilization rules? This paper reconsiders this question by specifying an open-economy monetary model encompassing a 'production relocation externality,' developed in trade theory to analyze the benefits from...
Persistent link: https://www.econbiz.de/10012459306
While outsourcing of production from the U.S. to Mexico has been hailed in Mexico as a valuable engine of growth … literature to study the second moment properties of outsourcing. We begin by documenting a new stylized fact: the maquiladora … outsourcing industries in Mexico experience fluctuations in value added that are roughly twice as volatile as the corresponding …
Persistent link: https://www.econbiz.de/10012465509
explored in an in-depth qualitative examination of sourcing practices in drug development. The outsourcing of central … biotechnology firms, I explain why outsourcing deals take the form of embedded relationships in the first setting, and of seemingly …
Persistent link: https://www.econbiz.de/10012468552
Considerable evidence suggests that information is acquired more easily within than across firm boundaries. I explore why this is observed in the setting of clinical development. Since the mid-1980s, pharmaceutical firms have partly contracted out the operational aspects of clinical trials to...
Persistent link: https://www.econbiz.de/10012468611
sourcing locations, and leads to non-monotonic responses in third markets to bilateral trade cost changes …
Persistent link: https://www.econbiz.de/10013388806