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Does Offshoring Production Reduce Innovation : Firm-Level Evidence from Taiwan

Branstetter, Lee; Chen, Jong-rong; Glennon, Britta; … - National Bureau of Economic Research - 2021

Does the offshoring of production degrade or enhance the innovative capabilities of manufacturing firms? We contribute … products to China. We find causal evidence that offshoring impacts both the level and nature of innovation. In the technologies … evidence of a second-order positive effect of offshoring on the levels of innovation--particularly product innovation--in other …

Persistent link: https://www.econbiz.de/10012616565

Incomplete Contracts and Industrial Organization

Grossman, Gene M. - 1999

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,...

Persistent link: https://www.econbiz.de/10012471481

Market Fragmentation

Chen, Daniel - 2020

We model a simple market setting in which fragmentation of trade of the same asset across multiple exchanges improves allocative efficiency. Fragmentation reduces the inhibiting effect of price-impact avoidance on order submission. Although fragmentation reduces market depth on each exchange, it...

Persistent link: https://www.econbiz.de/10012479351

Outsourcing when Investments are Specific and Complementary

Lileeva, Alla - 2008

Using the universe of large Canadian manufacturing firms in 1988 and 1996, we investigate to what extent outsourcing … outsourcing less likely; (ii) complementarities between the investments of the buyer and the seller are also associated with less … outsourcing; (iii) property rights predictions on the link between investment intensities and optimal ownership are only supported …

Persistent link: https://www.econbiz.de/10012464170

Managerial Incentives and the International Organization of Production

Helpman, Elhanan - 2002

relevant prevalence of outsourcing and foreign direct investment …

Persistent link: https://www.econbiz.de/10012469300

Outsourcing versus FDI in Industry Equilibrium

Grossman, Gene M. - 2002

We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which …

Persistent link: https://www.econbiz.de/10012469406

Outsourcing in a Global Economy

Grossman, Gene M. - 2002

We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and … trade. We model outsourcing as an activity that requires search for a partner and relationship-specific investments that are … governed by incomplete contracts. The extent of international outsourcing depends inter alia on the thickness of the domestic …

Persistent link: https://www.econbiz.de/10012469987