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arm’s length. The model further implies that firms are more likely to offshore when frictions in the provision of services …
Persistent link: https://www.econbiz.de/10012534705
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product … quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …
Persistent link: https://www.econbiz.de/10011864551
The study proves evidence of five new empirical facts on the impact of services offshoring on local labour markets …. First, services offshoring increases average employment and wages within local labour markets, much more so in the … manufacturing industry than in the services one. Second, positive effects are both on firms directly offshoring services and on non …
Persistent link: https://www.econbiz.de/10012241076
In this paper we model the demand for immigrants as a trade-off native voters face between having services, produced by … services. Assimilated immigrants take on skilled jobs. At the political level natives choose the number of immigrants that can … be allowed, given some fixed price for services. We show that, at the assumed price, it is never optimal for natives to …
Persistent link: https://www.econbiz.de/10011450666
Persistent link: https://www.econbiz.de/10003630541
How does "what managers know" affect firm performance on international markets? This question is of considerable importance in the international economic literature. Answering it will be key for comprehending the way firms’ varying performance on international markets is shaped by the human...
Persistent link: https://www.econbiz.de/10011867233
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This paper examines the responses of private consumption, residential investment, and business investment in 11 EU countries, Japan, and the United States to shocks in housing and equity prices. The effects are assessed with a Structural Vector Auto Regressive (SVAR) model, and four key findings...
Persistent link: https://www.econbiz.de/10003730274