private and social gains to offshoring and integration. …

We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity …

In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a …' domestic outside options. Only if the latter become sufficiently attractive will redistribution induce some offshoring, and it … is only at that level that further economic integration will lead to both wage moderation and offshoring activities …