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This is one of few books in the market dealing with offshoring of professional services, the dynamic phenomenon of high relevance in the global economy. The unique feature of the book is merging economic and business approaches to offshoring of professional services, so called offshoring of...
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Foreign direct investment (FDI) in advanced business services (ABSs), referred to here as the offshoring of white-collar jobs, has become one of the major developments in the operations of multinational corporations (MNCs). However, a specific theoretical approach to this phenomenon has not been...
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We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …
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ideology scores from the Manifesto Project. We measure exposure to automation both at the regional level, based on the ex …
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