Showing 1 - 10 of 26
between offshoring and exports. We model a world consisting of many advanced countries that trade differentiated goods among …
Persistent link: https://www.econbiz.de/10010271466
be partly explained by the export-magnification effect of offshoring. In a general equilibrium model with heterogeneous … firms we show analytically that a fall in variable offshoring costs boosts trade in differentiated final goods through an … intra-industry reallocation of resources towards the more productive firms. More specifically, lower barriers to offshoring …
Persistent link: https://www.econbiz.de/10010304770
between offshoring and exports. We model a world consisting of many advanced countries that trade differentiated goods among … differentiated good sector, which may be painful in the presence of frictions. -- offshoring ; multinational firms ; distance costs …
Persistent link: https://www.econbiz.de/10003951208
be partly explained by the export-magnification effect of offshoring. In a general equilibrium model with heterogeneous … firms we show analytically that a fall in variable offshoring costs boosts trade in differentiated final goods through an … intra-industry reallocation of resources towards the more productive firms. More specifically, lower barriers to offshoring …
Persistent link: https://www.econbiz.de/10009152018
be partly explained by the export-magnification effect of offshoring. In a general equilibrium model with heterogeneous … firms we show analytically that a fall in variable offshoring costs boosts trade in differentiated final goods through an … intra-industry reallocation of resources towards the more productive firms. More specifically, lower barriers to offshoring …
Persistent link: https://www.econbiz.de/10009149240
The business literature has long recognized the importance of multinationals’ distribution networks. The empirical analysis of distribution-oriented FDI has, however, received little attention which is at least partly due to the lack of appropriate data. We outline a slightly modified version...
Persistent link: https://www.econbiz.de/10003954210
Whereas many empirical studies show that the internationalization of production is driven by falling distance costs, theoretical models of the endogenous emergence of multinational enterprises predict the opposite. This paper argues that this dichotomy can be resolved if the production process...
Persistent link: https://www.econbiz.de/10011474759
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization. It is shown that investment of one company increases not only the incentive to invest in another country for every national competitor but for third country's companies as...
Persistent link: https://www.econbiz.de/10011476519
National and multinational companies coexist in many sectors of all developed countries. However, economic models fail to reproduce this fact because of the assumption of symmetry between companies. To show that the symmetry assumption is the reason for this failure, a two-country general...
Persistent link: https://www.econbiz.de/10010260442
Whereas many empirical studies show that the internationalization of production is driven by falling distance costs, theoretical models of the endogenous emergence of multinational enterprises predict the opposite. This paper argues that this dichotomy can be resolved if the production process...
Persistent link: https://www.econbiz.de/10010260492