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foreign firms’ decision to export much of their local production. At the same time, the offshoring process remains more or …
Persistent link: https://www.econbiz.de/10011259777
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