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reshoring or offshoring. When the demand elasticity rises with price, two policy instruments generally are needed to achieve …
Persistent link: https://www.econbiz.de/10012660008
We link industry-level data on trade and offshoring with individual-level worker data from the Current Population …
Persistent link: https://www.econbiz.de/10012463543
The shift towards a "factory-free" economy has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or 'beggar-thy-neighbour' cost-competitiveness policies. Yet companies that concentrate research and design...
Persistent link: https://www.econbiz.de/10012455664
effects of globalization, with offshoring to low wage countries and imports both associated with wage declines for US workers … offshoring to China has also contributed to wage declines among US workers. However, the role of trade is quantitatively much … more important. We also explore the impact of trade and offshoring on labor force participation rates. While offshoring to …
Persistent link: https://www.econbiz.de/10012457641
Outsourced workers experience large wage declines, yet domestic outsourcing may raise aggregate productivity. To study … wage premia. Second, outsourcing raises output at the firm level. Third, contractors endogenously locate at the bottom of … the job ladder, implying that outsourced workers receive lower wages. Using firm-level instruments for outsourcing and …
Persistent link: https://www.econbiz.de/10012660026
sourcing locations, and leads to non-monotonic responses in third markets to bilateral trade cost changes …
Persistent link: https://www.econbiz.de/10013388806