Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2012
We study the short- and long-run implications of offshoring on innovation, technology adoption, wage and income … offshoring and the direction of technological progress. A fall in the cost of offshoring induces technical change with an … ambiguous factor bias. When the initial offshoring cost is high, an increase in offshoring opportunities triggers a transition …