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Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity improvement; however, an alternative, less emphasized explanation is between-firm selection and...
Persistent link: https://www.econbiz.de/10013104061
paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000. It finds … that service offshoring has a significant positive effect on productivity in the US, accounting for around 10 percent of … labor productivity growth during this period. Offshoring material inputs also has a positive effect on productivity, but the …
Persistent link: https://www.econbiz.de/10013249187
integration choices of firms around the world …
Persistent link: https://www.econbiz.de/10013014670
Countries that are more engaged in production sharing exhibit higher bilateral manufacturing output correlations. We use data on trade flows between US multinationals and their affiliates as well as trade between the United States and Mexican maquiladoras to measure production-sharing trade and...
Persistent link: https://www.econbiz.de/10012759633
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012867903
of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …
Persistent link: https://www.econbiz.de/10013035693
impact of FDI in promoting the growth of host country exports and linkages to the outside world is clearer. The major role of … transfer of knowledge of world markets and of ways of fitting into worldwide production networks, not visible in standard …
Persistent link: https://www.econbiz.de/10013226907
multi-product firms, offshoring, intra-firm trade and firm export market dynamics …
Persistent link: https://www.econbiz.de/10013118121
motley assortment of regional trade agreements is not the best way to organise world trade. Moving to global duty-free trade … and uses it to structure a narrative of world trade liberalisation since 1947. The logic is then used to project the world … mechanism ndash; spaghetti bowls as building blocs ndash; whereby offshoring creates a force that encourages the …
Persistent link: https://www.econbiz.de/10012778295
perform in a world where offshoring is prevalent? In this paper we provide answers to these questions, and thereby initiate …The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing … features of offshoring introduce novel reasons for trade policy intervention? Does offshoring create new problems of global …
Persistent link: https://www.econbiz.de/10012758452