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and how these responses, in turn, are transmitted to the labor market. In previous work, we have argued that outsourcing … input purchases from the Census of Manufactures. We construct industry-by-industry estimates of outsourcing for the period … 1972-1990 and reexamine whether outsourcing has contributed to an increase in relative demand for skilled labor. Our main …
Persistent link: https://www.econbiz.de/10012473440
Slaughter (1993), in this paper I try to determine the extent to which outsourcing by multinational corporations contributed to … firms. I find that most of these facts are inconsistent with widespread outsourcing. Second, to test more rigorously whether … and in fact may be price complements. Taken together, these findings indicate that multinational outsourcing contributed …
Persistent link: https://www.econbiz.de/10012473622
This paper studies how managers plan under uncertainty. In a new survey panel on German manufacturing firms, we show that uncertainty reflects change: Planning incorporates higher subjective uncertainty about future sales growth when the firm has just experienced unusual growth, and more so if...
Persistent link: https://www.econbiz.de/10012660107
Are fluctuations in firms' profitability risk a major cause of regular business cycles? We study this question within the framework of a heterogeneous-firm dynamic stochastic general equilibrium model with fixed capital adjustment costs. In such a model, surprise increases of risk lead to a...
Persistent link: https://www.econbiz.de/10012461796
Explaining patterns of asset ownership in the economy is a central goal of both organizational economics and industrial organization. We develop a model of asset ownership in trucking, which we test by examining how the adoption of different classes of on-board computers (OBCs) between 1987 and...
Persistent link: https://www.econbiz.de/10012469988
When should a government provide a service inhouse and when should it contract out provision? We develop a model in which the provider can invest in improving the quality of service or reducing cost. If contracts are incomplete, the private provider has a stronger incentive to engage in both...
Persistent link: https://www.econbiz.de/10012473090
We examine the within- and across-firm shipment decisions of tens of thousands of goods-producing and distributing establishments. This allows us to quantify the normally unobservable forces that determine firm boundaries; which transactions are mediated by ownership control, as opposed to...
Persistent link: https://www.econbiz.de/10012453934
Existing research has focused on why and when firms may choose to access the external technology market. Surprisingly, however, less is known about the reliability of the patents attached to these external technologies in the face of litigation. "Weak" external patents expose a firm to the...
Persistent link: https://www.econbiz.de/10012457563
Large multi-product firms dominate international trade flows. This paper documents new facts about multi-product manufacturing exporters that are not easily reconciled with existing multi-product models. Using novel linked production and export data at the firm-product level, we find that the...
Persistent link: https://www.econbiz.de/10012460414
growth of domestic outsourcing in Germany since the early 1990s. Event-study analyses show that wages in outsourced jobs fall … to contracting firms. For this end we develop a new method for identifying outsourcing of food, cleaning, security and … logistics services in administrative data using the universe of social security records in Germany. We document a dramatic …
Persistent link: https://www.econbiz.de/10012457302