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incorporating production offshoring into a North-South model of directed technical change. We �find that if offshoring is present … change in the North. This fi�nding highlights the different implications of offshoring and conventional trade on innovation …. Furthermore, we �find that an increase in the Southern stock of capital reduces offshoring and also leads to skill …
Persistent link: https://www.econbiz.de/10011259099
In this study, we predict a pattern of offshoring and reshoring over the course of economic development. We achieve … this, by extending Grossman and Rossi-Hansberg's (2008) model of offshoring in a simple way by assuming that offshoring … country has two opposing effects on offshoring. On the one hand, it increases the wage rate of workers rendering offshoring …
Persistent link: https://www.econbiz.de/10011110020
Traditional structural change theories study the dynamics of inter-sector labour-reallocation in autarky models. We analyse how model-results change if open economy setting is assumed, where we focus on the impacts of intermediate trade in a multi-sector growth model with capital accumulation....
Persistent link: https://www.econbiz.de/10011112155