Preface -- Introduction -- Structural change in employment in Puerto Rico -- Labour market of Puerto Rico and its relationship with foreign direct investment, exports and gross domestic product -- Economic incentives for attracting and retaining FDI -- The pharmaceutical industry and R&D --...

Given the level of its production in the U.S., a firm that produces more abroad tends to have fewer employees in the U.S. and to pay slightly higher salaries and wages to them. The most likely explanation seems to be that the larger a firm's foreign production, the greater its ability to...

Estimating the causal effect of offshoring on domestic employment is difficult because of the inherent simultaneity of multinational firms' domestic and foreign affiliate employment decisions. In this paper, we resolve this identification problem using variation in Bilateral Tax Treaties (BTTs),...