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Global production sharing is determined by international cost differences and frictions related to the costs of unbundling stages spatially. The interaction between these forces depends on engineering details of the production process with two extremes being ‘snakes’ and ‘spiders’....
Persistent link: https://www.econbiz.de/10008784697
FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with...
Persistent link: https://www.econbiz.de/10005504277
The paper investigates the relationship between offshoring, wages, and the ease with which individuals' tasks can be … suitability of a task for offshoring and the associated skill level. Accordingly, wage effects of offshoring can be very … on offshoring. Our main results suggest that in partial equilibrium, wage effects of offshoring are fairly modest but far …
Persistent link: https://www.econbiz.de/10008468618
workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high …
Persistent link: https://www.econbiz.de/10004964417
The trade linked to international production networks – supply-chain trade for short – is associated with momentous global economic changes. This paper presents a portrait of the global pattern of supply-chain trade and how it has evolved since 1995. The paper draws on a variety of data...
Persistent link: https://www.econbiz.de/10011083297
rise in offshoring. To analyze the relationship between globalization, offshoring and relative wages, we develop a general … equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative … inequality. The result is a bell-shaped relationship between wage inequality and offshoring when globalization is driven by …
Persistent link: https://www.econbiz.de/10005123637
We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...
Persistent link: https://www.econbiz.de/10005667018
This Paper studies the effect of knowledge diffusion on the incentives for developed countries’ (DC) firms to undertake costly transfer of production knowledge of an input to their developing countries’ (LDC) suppliers whose costs of production vary inversely with their technological effort....
Persistent link: https://www.econbiz.de/10005136533
How large are spatial barriers to transferring knowledge? We analyze the international operations of multinational firms to answer this fundamental question. In our model firms can transfer bits of knowledge to their foreign a¢ liates in either embodied (traded intermediates) or disembodied...
Persistent link: https://www.econbiz.de/10008558594
-South offshoring to nations like China, and 4) the price of oil that raises the cost of unbundling. …
Persistent link: https://www.econbiz.de/10011083865