Showing 1 - 6 of 6
We model a simple market setting in which fragmentation of trade of the same asset across multiple exchanges improves allocative efficiency. Fragmentation reduces the inhibiting effect of price-impact avoidance on order submission. Although fragmentation reduces market depth on each exchange, it...
Persistent link: https://www.econbiz.de/10012479351
Using the universe of large Canadian manufacturing firms in 1988 and 1996, we investigate to what extent outsourcing … outsourcing less likely; (ii) complementarities between the investments of the buyer and the seller are also associated with less … outsourcing; (iii) property rights predictions on the link between investment intensities and optimal ownership are only supported …
Persistent link: https://www.econbiz.de/10012464170
Striking evidence is presented of a previously unremarked transformation of urban structure from mainly sectoral to mainly functional specialization. We offer an explanation showing that this transformation is inextricably interrelated with changes in firms' organization. A greater variety of...
Persistent link: https://www.econbiz.de/10012469599
-connected exchanges on digital platforms, 2) gravity model analyses of global outsourcing contract flows and their determinants for …
Persistent link: https://www.econbiz.de/10012455283
This study examines the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk … diaspora-based contracts mainly serve to lower costs for the company contacts outsourcing the work, as the workers in India are …
Persistent link: https://www.econbiz.de/10012460187
Persistent link: https://www.econbiz.de/10013423550