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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 …
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-house offshoring to China is a major determinant of Dutch import growth from China. Dutch firms tend to offshore production in …
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Fragmentation of production into more and more complex supply chains is a prominent feature of globalisation. It implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis of the various types of transaction costs is also...
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In this era of globalization we see an increase in specialization: the production chain issplit up in more and more parts and the production of these parts is outsourced to thoseplaces in the world where production is relatively cheapest and most efficient. Itimplies that transaction costs,...
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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 …
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The word fragmentation refers to a splitting up of a verticallyintegrated production process such that the separatefragments can be traded on markets. This paper is concerned withinternational fragmentation, generally allowing gainsfrom a finer division of labor based on comparative advantage...
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