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Critics of globalization claim that US manufacturing firms are being driven to shift employment abroad by the prospects of cheaper labor. Others argue that the availability of low-wage labor has allowed US based firms to survive and even prosper. Yet evidence for either hypothesis, beyond...
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appear to condition outsourcing decisions. The data for 1991-2000 show that U.S. overseas assembly imports were characterized … educated countries passed-through a much larger portion of their cost changes. In addition, the price of outsourcing imports … differential price responses suggest that information issues play an important role in the mediation of outsourcing relationships …
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This paper explores potential realization of gains by hospitals that are managed on a day-to-day basis by external organizations under formal contracts. It draws from the incentives literature, which postulates that managers of firms where ownership is separated from control will employ an input...
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Multinational firms (MNEs) accounted for 42 percent of US manufacturing employment, 87 percent of US imports, and 84 of US exports in 2007. Despite their disproportionate share of global trade, MNEs' input sourcing and final-good production decisions are often studied separately. Using newly...
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