Showing 1 - 10 of 482
This paper analyzes the labor market effects of offshoring in a high-wage home country and how these effects crucially …, respectively. Offshoring to these origins has opposing effects on German wages with respect to the relative task complexity of jobs …: While offshoring to the West puts pressure on the wages of complex jobs and increases the wages of simple jobs, offshoring …
Persistent link: https://www.econbiz.de/10012662298
We examine recent changes in the structure of Chinese manufacturing value chains using a standard input-output framework. Our results suggest that the previous increasing trend in the share of domestic value added in Chinese value chains stalled during our observation period (2018-2022). We also...
Persistent link: https://www.econbiz.de/10014377655
Chinese trade, and the growth of vertically specialized trade due to international production fragmentation. The literature in …
Persistent link: https://www.econbiz.de/10010285312
This paper assesses the impact of international outsourcing/offshoring practices on the process of wage equalization … outsourcing/offshoring indices based on input-output data (World Input Output Database, April 2012 release). Two-way relations … indicate that offshoring reduces the wage growth of domestic medium- and low-skilled workers, we show that this negative effect …
Persistent link: https://www.econbiz.de/10011783023
This paper extends the literature on the implications of offshoring for labour markets by investigating its effect on … international trade in manufacturing inputs. Being particularly interested in the wage effects of offshoring to low wage countries … (LWC), we employ precise LWC classifications (varying across industries and time) to decompose overall offshoring by source …
Persistent link: https://www.econbiz.de/10011783035
We present a model, in which a small industrialised economy outsources part of its production into a small foreign country which is well endowed with low-skilled labour. We analyse under which conditions sinking trade costs stimulate outsourcing activities, thereby increasing the wage dispersion...
Persistent link: https://www.econbiz.de/10010294596
The relationship between market integration and the degree of specialization plays a key role in many areas of economics. In contrast to previous studies, we illustrate that globalization does not necessarily lead to specialization. The analysis is conducted in an extended Dixit-Stiglitz- Ethier...
Persistent link: https://www.econbiz.de/10010300141
fragmentation. Whereas the growth in North-South trade has been labeled "horizontal globalisation", fragmentation stands for the … "vertical globalisation". First fragmentation is introduced into a Ricardian model with one factor of production in a small … functions where we introduce one or two components. As a result, it seems to be clear that fragmentation is changing …
Persistent link: https://www.econbiz.de/10010300397
This paper presents a model to analyze the consequences of competition in order-flow between a profit maximizing stock exchange and an alternative trading platform on the decisions concerning trading fees and listing requirements. Listing requirements, set by the exchange, provide public...
Persistent link: https://www.econbiz.de/10010303703
We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market … strategically set termination fees to induce fragmentation. This takes place when advertising revenues are potentially large but … identify an important link between termination fees, the online advertising market and Internet fragmentation. We extend the …
Persistent link: https://www.econbiz.de/10011307134