A major question in the globalization debate is whether outsourcing and offshoring activities are beneficial to the … suggests that the effect of offshoring manufacturing and services on total factor productivity (TFP) is positive and larger …

We study the relationship between offshoring and the prevalence and intensity of labor market imperfections at the firm … wagemarkdown pricing originating from firms' monopsony power in both countries. Offshoring benefits firms in that imports of final … effect of offshoring on wage markdowns arises from an increase in productivity that is only imperfectly passed through into …