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offshoring in the short run and in the long run (when technology levels are endogenous). The short-run analysis shows that when … research efforts in response to increased offshoring. In particular, the rich country always gains from increased fragmentation …
Persistent link: https://www.econbiz.de/10012465450
than 2000 models of 197 car brands headquartered in 23 countries. While offshoring in the car industry has risen from 2000 … to 2016, the top five offshoring brands account for half the car assembly relocated to low-wage countries. We show that …
Persistent link: https://www.econbiz.de/10012479567
In the United States, many industries have a Silicon Valley-type geographic localization. In Europe, these same … the possibility that Europe will develop an American-style economic geography. This paper uses a theoretical model of …
Persistent link: https://www.econbiz.de/10012474381
This paper examines the impact of vertical integration on the dynamics of performance over the automobile product development lifecycle. Building on recent work in organizational economics and strategy, we evaluate the relationship between vertical integration and different performance margins....
Persistent link: https://www.econbiz.de/10012465418
This paper examines complementarity among vertical integration decisions in automobile product development. Though most research assumes that contracting choices are independent of each other, contracting complementarity arises when the returns to a single vertical integration decision are...
Persistent link: https://www.econbiz.de/10012465421
Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...
Persistent link: https://www.econbiz.de/10012455769
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market advantage. While trade costs, foreign production costs, and...
Persistent link: https://www.econbiz.de/10012457086
rates has been widespread in the analyses by economic policymakers both in Europe and in the United States. In this paper we … been raised by the recent policy debates in Europe and the United States: Have ex ante real rates in the United States and … Europe been high during recent years? Has there been a link between U.S. real rates and those in other countries? Can this …
Persistent link: https://www.econbiz.de/10012477666
In many countries holders of patents must pay an annual renewal fee in order to keep their patents in force. This paper uses data on the proportion of patents renewed, and the renewal fees faced by, post World War II cohorts of patents in France, the United Kingdom, and Germany, in conjunction...
Persistent link: https://www.econbiz.de/10012477754
Economic and social historians have traditionally been concerned to measure changes in the income and welfare of populations in the past.Until recently, however, they have not recognized that anthropometric data, such as evidence on the average height achieved by a population at a particular...
Persistent link: https://www.econbiz.de/10012477779