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We implement a new approach for the identification of news shocks about future technology. In a VAR featuring a measure of aggregate technology and several forward-looking variables, we identify the news shock as the shock orthogonal to technology innovations that best explains future variation...
Persistent link: https://www.econbiz.de/10013156463
increased outsourcing. Though the consolidation of volume may lead to productivity improvement, little is known about how this … shift toward outsourcing influences learning by providers of outsourced services. When producing output, the content of the … relevance in outsourcing--is the end customer for whom it is produced. The performance benefits of such customer experience …
Persistent link: https://www.econbiz.de/10013064714
This study examines the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk … diaspora-based contracts mainly serve to lower costs for the company contacts outsourcing the work, as the workers in India are …
Persistent link: https://www.econbiz.de/10013065211
In recent decades, advances in information and communication technology and falling trade barriers have led firms to retain within their boundaries and in their domestic economies only a subset of their production stages. A key decision facing firms worldwide is the extent of control to exert...
Persistent link: https://www.econbiz.de/10013014670
While outsourcing of production from the U.S. to Mexico has been hailed in Mexico as a valuable engine of growth … literature to study the second moment properties of outsourcing. We begin by documenting a new stylized fact: the maquiladora … outsourcing industries in Mexico experience fluctuations in value added that are roughly twice as volatile as the corresponding …
Persistent link: https://www.econbiz.de/10012776813
reduce the relative prevalence of FDI or foreign outsourcing. The impact on the composition of offshoring depends on whether …
Persistent link: https://www.econbiz.de/10012778138
-connected exchanges on digital platforms, 2) gravity model analyses of global outsourcing contract flows and their determinants for …
Persistent link: https://www.econbiz.de/10012956400
We develop a theory of outsourcing in which there is market power in one factor market (labor) and no market power in a … show there is always outsourcing in the market allocation when a friction limiting outsourcing is not too big. The key … equilibria that vary in the degree of outsourcing. Across these equilibria, wages are lower the greater the degree of outsourcing …
Persistent link: https://www.econbiz.de/10012757588
Traditional explanations for indirect trade through an entrepot have focused on savings in transport costs and on the role of specialized agents in processing and distribution. We provide an alternative perspective based on the possibility that entrepots may facilitate tariff evasion. Using data...
Persistent link: https://www.econbiz.de/10012760465
Trade in business services has been attracting attention from academic researchers, policy makers, and business journalists. While there are many anecdotes, there has been little in the way of formal theory applied to this issue. In this paper, we adapt a general model of fragmentation of...
Persistent link: https://www.econbiz.de/10012760467