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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
The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing … features of offshoring introduce novel reasons for trade policy intervention? Does offshoring create new problems of global … perform in a world where offshoring is prevalent? In this paper we provide answers to these questions, and thereby initiate …
Persistent link: https://www.econbiz.de/10012464361
different productivity levels choose different ownership structures and supplier locations, i.e., they choose different …
Persistent link: https://www.econbiz.de/10012468612
sourcing locations, and leads to non-monotonic responses in third markets to bilateral trade cost changes …
Persistent link: https://www.econbiz.de/10013388806