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recent decades as a result of increased globalization of knowledge, technologies and economies. In particular I look at the … development in a number area where similar trends are observed. The areas studied include globalization, in-sourcing and … outsourcing activities, the increased flow of direct foreign investment and its heterogeneous regional distribution, the increased …
Persistent link: https://www.econbiz.de/10010268174
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...
Persistent link: https://www.econbiz.de/10010274459
Globalization and pressure from increased competition have led to "splintering" of in-house services from formerly … integrated manufacturing firms in developed economies and, at the same time, to an increase in "outsourcing" of these same …
Persistent link: https://www.econbiz.de/10011429868
The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
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insourcing and outsourcing, but once the world market reaches a threshold size, outsourcing prevails. We also derive a number of … manufacturing and product specificity of in-house production. In this framework, globalization can lead to alternating waves of …
Persistent link: https://www.econbiz.de/10010296394
The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture …-intensive businesses has led researchers and analysts to pursue a deeper understanding of the globalization of corporate R&D and the … related driving factors and impacts. This introduction to the Special Section: Globalization and Corporate R&D forthcoming in …
Persistent link: https://www.econbiz.de/10010278539
. Such outsourcing leads to increased wages for the remaining inhouse production. We find that stronger unions, which imply … higher domestic wages, reduce incentives for international outsourcing. Though somewhat surprising, this result provides a … theoretical reconciliation of the empirically observed trends of deunionization and increased international outsourcing in many …
Persistent link: https://www.econbiz.de/10010261336