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This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of …, the sector in which vertical specialization is most prominent. It appears that vertical specialization adds to total world …
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This paper explores the role of producer services and ICT on international outsourcing. The motivation for outsourcing is to focus on core business and improve efficiency and outsourcing companies usually outsource a number of functions and the efficiency gains depend on the ability for the...
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