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of offshoring emphasized by Grossman & Rossi-Hansberg (2008) emerges as a vehicle of job creation. Improvements in the … technology of offshoring causes job losses at the extensive margin where ever more tasks are performed abroad, but it also causes … improvements in the technology of offshoring. -- offshoring ; trade in tasks ; unemployment ; search and matching …
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. The paper identifies conditions under which outsourcing to a low-wage country is a "friend" or an "enemy" to domestic …
Persistent link: https://www.econbiz.de/10009749606
Economic globalization causes an increasing international fragmentation (disintegration) of value-added-chains, whereby firms outsource components of production to foreign markets. There is a high level of concern about unwelcome distributional effects. This paper provides a theoretical...
Persistent link: https://www.econbiz.de/10009750232
fragmentation may cause a domestic welfare loss, because outsourcing takes place in discrete steps where it affords firms "quasi … process of fragmentation caused by less costly outsourcing is beneficial for the domestic economy. …
Persistent link: https://www.econbiz.de/10009750239
International fragmentation, or outsourcing, is often referred to as a distinctly novel feature in today's global … outsourcing targets for western European firms. Against this background this paper provides a policy-oriented discussion of cross … European point of view. Specifically, the paper idetifies conditions under which outsourcing is beneficial for a western …
Persistent link: https://www.econbiz.de/10009750858
outsourcing, or international fragmentation. Economists have investigated this phenomenon with a focus on welfare and factor price … welfare efect of outsourcing. Moreover, the paper highlights a crucial distinction between outsourcing that takes place in an … firms must rely on arms-length trasactions. The results are as follows. a) With foreign direct investment, outsourcing which …
Persistent link: https://www.econbiz.de/10009750859