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firms also have positive repercussions on the productivity and globalisation decisions of firms active solely on the home … offshoring are comparable. Finally, while multinationals manage their workforce more flexibly than domestic firms, they have …
Persistent link: https://www.econbiz.de/10009357662
Despite the growing importance of international fragmentation of production, it is still difficult to accurately assess its real size and effect. Several different indicators were proposed over the last decade, but their capacity to provide precise and consistent results is often hindered by the...
Persistent link: https://www.econbiz.de/10008563475
Despite the growing importance of international fragmentation of production, it is still difficult to accurately assess its real size and effect. Several different indicators were proposed over the last decade, but their capacity to provide precise and consistent results is often hindered by the...
Persistent link: https://www.econbiz.de/10005543903
analytically in a general equilibrium model with heterogeneous firms that a fall in variable offshoring costs boosts trade in … call the export-magnification effect of offshoring. More specifically, lower barriers to offshoring reduce the average … costs of inputs for offshoring firms and allow more firms to source cheap foreign intermediates, which improves firm …
Persistent link: https://www.econbiz.de/10010686849
export-magnification effect of offshoring. We show analytically in a general equilibrium model with heterogeneous firms that … a fall in variable offshoring costs boosts trade in differentiated final goods through an intra-industry reallocation of … resources towards the more productive firms. More specifically, lower barriers to offshoring reduce the average costs of inputs …
Persistent link: https://www.econbiz.de/10010603698
offshoring. The results show that US multinationals are signiScantly more likely to perform a stage of production at a foreign …
Persistent link: https://www.econbiz.de/10010827696
We show that, even with flexible domestic wages, international outsourcing may worsen the welfare of the home country and reduce the profits of all firms. If wages are rigid, outsourcing is welfare-improving if and only if the sum of the “trade creation” effect and the “exploitation...
Persistent link: https://www.econbiz.de/10005766050
We develop a theory of a firm in an incomplete contracts environment which decides on the complexity, the organization, and the global scale of its production process. Specifically, the firm decides i) how many intermediate inputs are simultaneously combined to a final product, ii) if the...
Persistent link: https://www.econbiz.de/10010956712
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10009278130
We develop a theory of a firm in an environment with incomplete contracts. The firm’s headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10008693834