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reduce the relative prevalence of FDI or foreign outsourcing. The impact on the composition of offshoring depends on whether … supplier locations, and then study the effects of changes in the quality of contractual institutions on the relative prevalence … of these organizational forms. Better contracting institutions in the South raise the prevalence of offshoring, but may …
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reshoring or offshoring. When the demand elasticity rises with price, two policy instruments generally are needed to achieve …
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U.S. manufacturing employment. Our findings suggest that offshoring by multinationals was a key driver of the observed …
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We develop an equilibrium model of industrial structure in which the organization of firms is endogenous. Differentiated consumer products can be produced either by vertically integrated firms or by pairs of specialized companies. Production of each variety of consumer good requires a unique,...
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