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Recent contributions on offshoring often assume that firms can freely split their production process into separate … technologically determined sequence of production steps. In our model, cost savings from offshoring fluctuate along the production … from offshoring even if relocating individual steps would be advantageous in terms of offshoring costs, or they may …
Persistent link: https://www.econbiz.de/10011430068
, 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
), the 'quality' of such integration in terms of technological capabilities and the structure of employment in European … countries and sectors. We study employment shares in fabrication and headquarter occupations in terms of functional … specialisation and employment upgrading, making two specific contributions. First, we explicitly account for pre-existing asymmetries …
Persistent link: https://www.econbiz.de/10014565942
Structural change involves a broad set of trends: (i) sectoral reallocations, (ii) rich movements of productive activities between home and market, and (iii) an increase in the scale of productive units. After extending these facts, we develop a model to explain them within a unified framework....
Persistent link: https://www.econbiz.de/10010292135
Persistent link: https://www.econbiz.de/10011475484
Persistent link: https://www.econbiz.de/10011475494
In recent years, two important related developments have transformed the nature of world trade: the explosive growth of Chinese trade, and the growth of vertically specialized trade due to international production fragmentation. The literature in each of these two separate topics is large and...
Persistent link: https://www.econbiz.de/10010285312