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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
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
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
This paper provides new evidence on how offshoring shifts relative labor demand for tasks at the industry level. A … novel theoretical mechanism, based on sorting of heterogeneous workers into occupations with task dependent offshoring cost …, guides estimation. Cost shares of tasks are linked to offshoring in a panel estimation using German data for 1998-2007. It is …
Persistent link: https://www.econbiz.de/10010321487
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
international trade. Offshoring-the cross-border trade in intermediate goods and services which facilitate country …
Persistent link: https://www.econbiz.de/10014331170
-intensive processes. This could lead to carbon leakage. I provide empirical evidence whether energy price-induced offshoring occurs using …
Persistent link: https://www.econbiz.de/10014476272
offshoring to unregulated jurisdictions. We first apply an analytical partial-equilibrium model of a two-stage production process …
Persistent link: https://www.econbiz.de/10010460697
This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large … offshoring trends at the sector level. Importantly, we distinguish between transitory and permanent shocks to individual income …-insurable. It thus has a particular relevance for individual welfare. Our findings suggest that offshoring tends to lower permanent …
Persistent link: https://www.econbiz.de/10010308485