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mechanism ndash; spaghetti bowls as building blocs ndash; whereby offshoring creates a force that encourages the …
Persistent link: https://www.econbiz.de/10012778295
A simple model of offshoring, which depicts offshoring as 'shadow migration,' permits straightforward derivation of … necessary and sufficient conditions for the effects on wages, prices, production and trade. We show that offshoring requires … modification of the four classic international trade theorems, so econometricians who ignore offshoring might reject the Heckscher …
Persistent link: https://www.econbiz.de/10012760292