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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
paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000. It finds … that service offshoring has a significant positive effect on productivity in the US, accounting for around 10 percent of … labor productivity growth during this period. Offshoring material inputs also has a positive effect on productivity, but the …
Persistent link: https://www.econbiz.de/10012466745
integration choices of firms around the world …
Persistent link: https://www.econbiz.de/10012457087
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
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
impact of FDI in promoting the growth of host country exports and linkages to the outside world is clearer. The major role of … transfer of knowledge of world markets and of ways of fitting into worldwide production networks, not visible in standard …
Persistent link: https://www.econbiz.de/10012469414
of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …
Persistent link: https://www.econbiz.de/10012459690
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
labor market. In the platform, workers from around the world compete for jobs that can be done remotely. We document that …
Persistent link: https://www.econbiz.de/10012660114
This paper exploits a unique offshoring survey to show that firms continue domestic production of the same goods they …. Firms' reactions also motivate a new offshoring measure - produced- good imports - that is readily observed in most firm …
Persistent link: https://www.econbiz.de/10012482035