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, little is known about the impact of institutional quality on offshoring. This is surprising, given that offshoring has become … between institutional quality and offshoring. The results suggest that weak institutions are negatively related to offshoring … in general and to offshoring of R&D-intensive goods in particular. Furthermore, firms that are able to establish long …
Persistent link: https://www.econbiz.de/10010320385
There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
Persistent link: https://www.econbiz.de/10011404871
The impact of offshoring on domestic jobs is more complicated than it first appears. In the standard narrative …, offshoring production is thought to harm domestic workers by providing cheap alternative sources of labor. However, while … offshoring may directly displace domestic workers, the resulting foreign market access and lower production costs allow domestic …
Persistent link: https://www.econbiz.de/10011405007
. Buyouts reduce agency problems, which triggers automation, offshoring, and tougher bargaining with labor unions. We show that …
Persistent link: https://www.econbiz.de/10011442462
There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
Persistent link: https://www.econbiz.de/10012269597
Persistent link: https://www.econbiz.de/10011435070
.5 percent below the 1990 peak and a mere one percent above the 1993 trough. Employment rates tell a similar story. Our …
Persistent link: https://www.econbiz.de/10010320044
This paper attempts to quantify the impact of outsourcing on production patterns and the labour market in a two-sector specific-factors model with skilled labour (specific factor) and unskilled labour (mobile factor). Outsourcing can be compared to the case, where trade liberalisation leads to...
Persistent link: https://www.econbiz.de/10011435214
Liberalization of foreign trade and investment raises the domestic ratio of skilled to unskilled wages (skill premium) if the country has a sufficiently well-educated workforce, but lowers it otherwise. Wide wage inequality is undesirable on equity grounds, especially in poor countries where the...
Persistent link: https://www.econbiz.de/10011405029
to workers’ incomes and employment, while firms that import intermediate production stages (“offshoring”) display bigger … employment responses to small changes in workers’ wages, and are more likely to shut down home factories. But offshoring also … helps firms weather economic shocks. Offshoring firms are more likely to survive and provide greater employment stability to …
Persistent link: https://www.econbiz.de/10011662682