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trade shifts the distribution towards higher average productivity due to entry and exit of firms. These models ignore the … possibility that freer trade also alters the firm-size distribution via international firm migration (offshoring); firms must, by … assumption, produce in their 'birth nation.' We show that when firms are allowed to switch locations, new productivity effects …
Persistent link: https://www.econbiz.de/10012461997
offshoring. This result can be understood to arise from the productivity enhancing (cost reducing) effect of offshoring. If the …In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we … search cost is identical in the two sectors, or even if the search cost is higher in the sector which experiences offshoring …
Persistent link: https://www.econbiz.de/10012465504
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/10012466745
indicate a substantial role for human capital accumulation in raising productivity, in contrast to the neoclassical focus on …
Persistent link: https://www.econbiz.de/10012474826
We identify "first generation" statistics to measure offshoring as the share of imported intermediate inputs in costs … demand and relative wages due to offshoring. A limitation of these statistics is that they cannot be used to measure the … impact on real wages, and for that purpose, we need price-based measures of offshoring. More recently, "second generation …
Persistent link: https://www.econbiz.de/10012455613
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing … firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …
Persistent link: https://www.econbiz.de/10012456633
faster task offshoring in sectors exposed to lower labour-market tightness. We discuss policy implications of these findings …
Persistent link: https://www.econbiz.de/10012457927
This paper studies price and quality differences across international intermediate input suppliers. We develop price measures that account for (i) differences in product characteristics, (ii) unobserved quality differences, and (iii) pure (frictional) price dispersion across suppliers. Using...
Persistent link: https://www.econbiz.de/10012459006
Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...
Persistent link: https://www.econbiz.de/10013388871
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10012458122