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In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small...
Persistent link: https://www.econbiz.de/10013314672
outsourcing tax on an economy in which the production of a specific intermediate input has been fragmented and outsourced. If the … outsourced sector provides a non-traded input, the outsourcing tax can have adverse impact on labor even if it is the most … labor. In the case where the intermediate input is traded, the outsourcing tax closes down either the intermediate input …
Persistent link: https://www.econbiz.de/10014204750
Persistent link: https://www.econbiz.de/10011616900
Persistent link: https://www.econbiz.de/10003877122
Persistent link: https://www.econbiz.de/10009723959
In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small...
Persistent link: https://www.econbiz.de/10012668495
core functions provided the cost of outsourcing is not too high. In this paper, we build a model to show how contraction in … out to say, India (abroad). We identify the conditions under which switching from pure domestic production to outsourcing …
Persistent link: https://www.econbiz.de/10014383292
core functions provided the cost of outsourcing is not too high. In this paper, we build a model to show how contraction in … out to say, India (abroad). We identify the conditions under which switching from pure domestic production to outsourcing …
Persistent link: https://www.econbiz.de/10014376971
core functions provided the cost of outsourcing is not too high. In this paper, we build a model to show how contraction in … out to say, India (abroad). We identify the conditions under which switching from pure domestic production to outsourcing …
Persistent link: https://www.econbiz.de/10014469806
outsourcing due to the capital cost effect and the scale effect. We also unveil one source of productivity and formalize a link … the scale effect move against each other. Accordingly, the impacts of international trade on local outsourcing in export … intermediate goods encourages fragmentation and local outsourcing. …
Persistent link: https://www.econbiz.de/10008559019