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We link industry-level data on trade and offshoring with individual-level worker data from the Current Population …
Persistent link: https://www.econbiz.de/10012463543
effects of globalization, with offshoring to low wage countries and imports both associated with wage declines for US workers … offshoring to China has also contributed to wage declines among US workers. However, the role of trade is quantitatively much … more important. We also explore the impact of trade and offshoring on labor force participation rates. While offshoring to …
Persistent link: https://www.econbiz.de/10012457641
The shift towards a "factory-free" economy has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or 'beggar-thy-neighbour' cost-competitiveness policies. Yet companies that concentrate research and design...
Persistent link: https://www.econbiz.de/10012455664