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, little is known about the impact of institutional quality on offshoring. This is surprising, given that offshoring has become … between institutional quality and offshoring. The results suggest that weak institutions are negatively related to offshoring … in general and to offshoring of R&D-intensive goods in particular. Furthermore, firms that are able to establish long …
Persistent link: https://www.econbiz.de/10010320385
. Buyouts reduce agency problems, which triggers automation, offshoring, and tougher bargaining with labor unions. We show that …
Persistent link: https://www.econbiz.de/10011442462
The capitalist democracies of western Europe and the U.S. have developed extensive social programs, based on the principle of solidarity, that provide assistance to the destitute, the unemployed, the sick, the disabled, and the elderly. Due in part to growing levels of spending on these...
Persistent link: https://www.econbiz.de/10010308445
.5 percent below the 1990 peak and a mere one percent above the 1993 trough. Employment rates tell a similar story. Our …
Persistent link: https://www.econbiz.de/10010320044
Persistent link: https://www.econbiz.de/10011475484
The paper answers two questions simultaneously. What is the effect of offshoring on firms' total factor productivity …? What is the effect of offshoring on skill-biased technological change? We estimate a model of firm production that allows … for the effect of offshoring on both total factor productivity and relative skilled labor productivity, and for spillovers …
Persistent link: https://www.econbiz.de/10011442458
Persistent link: https://www.econbiz.de/10011475515
. The stated motive of the reform was to boost employment; in particular to provide incentives for individuals to go from … results are sensitive with respect to how we define employment, which is especially true when we analyze different subgroups …
Persistent link: https://www.econbiz.de/10010320295
This paper studies the effect of the firm-size distribution on the relationship between employment and output. We … construct a theoretical model, which predicts that changes in demand for industry output have larger effects on employment in … relationship between industry-level employment and output. Our empirical results align with the predictions of the theory and …
Persistent link: https://www.econbiz.de/10011917018
The world is in the midst of a new wave of privatization, with record dollar amounts raised in both developed and developing countries.Using rich Swedish registry data covering two decades from the mid-1990s, we show that privatizations increased unemployment incidence by almost a fifth, and...
Persistent link: https://www.econbiz.de/10011917077