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Mexico leads to an increase in the skill premium in both the US and Mexico. In this paper we show on the example of Austria … and Poland that with the new international division of labor emerging in Europe Austria, the high income country, is … skill part. As a result, skilled workers in Austria are losing from outsourcing, while gaining in Poland. In Austria …
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What determines whether or not multinational firms transplant the mode of organisation to other countries? We embed the theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic environment may affect the decision of multinational...
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We incorporate trade in tasks à la Grossman and Rossi-Hansberg (2008) into a small open economy version of the theory of firm organization of Marin and Verdier (2012) to examine how offshoring affects the way firms organize. We show that the offshoring of production tasks leads firms to...
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human capital as an accumulable factor. In a study on Austria and Germany we augment the Solow model to allow for the … of human capital of Austria and Germany by weighting workers of different schooling levels with their respective wage … quantifies how wages change with years of schooling. We find that the time series evidence on Austria and Germany is not …
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these fears are justified for the two neighboring countries of Eastern Enlargement Austria and Germany. We find that Eastern … Enlargement leads to surprising small job losses, because jobs in Eastern Europe do not compete with jobs in Austria and Germany … competitive environment. However, we also find that multinational firms in Austria and Germany are outsourcing the most skill …
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This paper looks at Austria's pattern of development and its lessons for Eastern Europe. Austria's development path is … characterized by two features. In the post-war era Austria was among the countries with the fastest convergence rate. At the same … time Austria's movement up the technological ladder was slow compared to other European countries. The paper uses insights …
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