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This paper provides an analysis of outsourcing and trade in a spatial model à la Hotelling. In this setting, we discuss … the trade-off between transport-cost-related disadvantages and outsourcing-induced production cost advantages of a large … economy. The model gives a rich picture of possible trade and welfare effects of a movement towards free trade and points to …
Persistent link: https://www.econbiz.de/10002523298
This paper provides an analysis of outsourcing and trade in a spatial model à la Hotelling. In this setting, we discuss … the trade-off between transport-cost-related disadvantages and outsourcing-induced production cost advantages of a large … economy. The model gives a rich picture of possible trade and welfare effects of a movement towards free trade and points to …
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