Showing 1 - 10 of 120
This paper provides direct empirical evidence on the relationship between technology and firms' global sourcing strategies. Using new data on U.S. firms' decisions to contract for manufacturing services from domestic or foreign suppliers, I show that a firm's adoption of communication technology...
Persistent link: https://www.econbiz.de/10012456129
I offer an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). I outline a series of alternative interpretations and definitions of what the rise of GVCs entails, and I trace the implications of these alternative conceptualizations for the measurement...
Persistent link: https://www.econbiz.de/10012480483
This paper surveys the recent body of work in economics on the importance of global value chains (GVCs) in shaping international trade flows and multinational activity. On the empirical front, we begin reviewing several variants of the "macro approach" to measuring the relevance of global...
Persistent link: https://www.econbiz.de/10012496102
each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage …
Persistent link: https://www.econbiz.de/10012460498
We explore how firms respond to downstream product shocks. We find that affected firms increase R&D and make additional safety-related investments in their existing assets-in-place. These investments vary with firm capabilities and across shock severity. Competitors appear to vicariously learn...
Persistent link: https://www.econbiz.de/10014635666
procurement decisions in the context of India. We compare 3 different allocation strategies (oldest first, highest contact rate … vaccines that can practically guide government procurement decisions. Our analysis yields 4 novel findings. First, the need to …
Persistent link: https://www.econbiz.de/10012814457
firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them …' treatment decisions, and in turn hospital device procurement, in favor of paying firms. Payments are pervasive: 87 percent of … the relationship between expertise and device procurement patterns. Hospitals affiliated with the top Academic Medical …
Persistent link: https://www.econbiz.de/10012794611
The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on Indian manufacturing plants, we show that production and sourcing decisions appear systematically distorted in states with weaker enforcement. Specifically, we document that in...
Persistent link: https://www.econbiz.de/10012480592
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading …
Persistent link: https://www.econbiz.de/10012463793
This paper applies ideas from mechanism design to model procurement of prescription drugs. We present a mechanism for … government-funded market-driven drug procurement that achieves very close to full static efficiency -- all members have access to …
Persistent link: https://www.econbiz.de/10012463929