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"Make-or-buy" of peripheral services in manufacturing: Evidence from Spanish plant-level data
Bayo-Moriones, Alberto; Galdón-Sánchez, José Enrique; … - 2013
integration to changes in other relevant plant characteristics. We show that increases in outsourcing of services are positively …
Persistent link: https://www.econbiz.de/10010291328
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Management Incentives, Signaling Effects and the Costs of Vertical Integration
Sliwka, Dirk - 2003
The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when being vertically integrated with a supplier may well decide to buy certain components from this supplier even at a lower quality than that offered by external sources. When the...
Persistent link: https://www.econbiz.de/10010261581
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The life satisfaction approach to environmental valuation
Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - 2009
In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...
Persistent link: https://www.econbiz.de/10010271282
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The rate of return to the High/Scope Perry Preschool Program
Heckman, James Joseph; Moon, Seong Hyeok; Pinto, Rodrigo; … - 2009
This paper estimates the rate of return to the High/Scope Perry Preschool Program, an early intervention program targeted toward disadvantaged African-American youth. Estimates of the rate of return to the Perry program are widely cited to support the claim of substantial economic benefits from...
Persistent link: https://www.econbiz.de/10010274261
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Why Some Firms Train Apprentices and Many Others Do Not
Wolter, Stefan C.; Mühlemann, Samuel; Schweri, Juerg - 2003
The latest study investigating the cost-benefit ratio of apprenticeship training for Swiss companies has shown that most apprentices offset the cost of their training during their apprenticeship on the basis of the productive contribution of the work they perform. Given this outcome, it is worth...
Persistent link: https://www.econbiz.de/10010276566
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How do young innovative companies innovate?
Pellegrino, Gabriele; Piva, Mariacristina; Vivarelli, Marco - 2009
This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in-house and external R&D and at the acquisition of external technology in embodied and disembodied components. These input-output relationships are tested on a sample of innovative...
Persistent link: https://www.econbiz.de/10010269547
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How Outsourcing Affects Bilateral Political Relations
Polachek, Solomon W. - 2004
One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment …
Persistent link: https://www.econbiz.de/10010262075
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The Hold-Down Problem and the Boundaries of the Firm: Lessons from a Hidden Action Model with Endogenous Outside Option
Schnedler, Wendelin; Sunde, Uwe - 2002
This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance arguments nor depends on ownership structure. We analyse a repeated hidden action model in which the actions of a risk neutral agent determine his future outside option. Consequently,...
Persistent link: https://www.econbiz.de/10010262786
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International fragmentation and relative wages in the UK
Hijzen, Alexander; Görg, Holger; Hine, Robert C. - 2003
international outsourcing. It is the first detailed study to address the effects of outsourcing on labour markets in the UK. In a … recent paper, Feenstra and Hanson (1996) estimate the effect of international outsourcing on wage inequality in the US. This … paper extends the FH approach by using more detailed definitions of outsourcing and skill. The analysis applies to UK …
Persistent link: https://www.econbiz.de/10010265562
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Specialization, outsourcing and wages
Munch, Jakob Roland; Rose Skaksen, Jan - 2005
This paper studies the impact of outsourcing on individual wages. In contrast to the standard approach in the … literature, we focus on domestic outsourcing as well as foreign outsourcing. By using a simple theoretical model, we argue that …, if outsourcing is associated with specialization gains arising from an increase in the division of labor, domestic …
Persistent link: https://www.econbiz.de/10010267474