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. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … Faktorausstattung zweier Länder basiert. Das zweite Kapitel liefert eine Theorie zu Offshoring unter Imitationsrisiko. Diese Theorie … chapter compares the impact of international trade in intermediate inputs (offshoring) on wage inequality in two distinct but …
Persistent link: https://www.econbiz.de/10011742945
This paper sets up a two-country model of offshoring with monopolistically competitive product and monopsonistically … competitive labour markets. In our model, an incentive for offshoring exists even between symmetric countries, because shifting … labour market power. However, offshoring between symmetric countries has negative welfare effects and therefore calls for …
Persistent link: https://www.econbiz.de/10014467358
into offshoring. Given a shock that lowers offshoring costs, the theory predicts that domestic wages rise at firms that …Offshoring of US jobs is controversial. Critics fear that offshoring will lead to lost jobs and lower domestic wages at … offshore relative to domestic wages at firms that do not. The theory also predicts that domestic employment could rise or fall …
Persistent link: https://www.econbiz.de/10012765059
The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid … emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income … countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade …
Persistent link: https://www.econbiz.de/10012745407
production processes of 22 high-income countries. Using China’s productivity as the exogenous variation, the main result – based … significant. With the preferred estimation, a one per cent increase in the use of intermediates imported from China does, on … average, lead to an increase in productivity by 0.65 per cent among high-income countries, and by 0.40 per cent in the US …
Persistent link: https://www.econbiz.de/10013314709
wages to increase beyond productivity increases. The augmented Balassa-Samuelson model is extended to trace cyclical …
Persistent link: https://www.econbiz.de/10013009831
increases from the tradable to the non-tradable sector and to cause real wages to increase beyond productivity increases. Panel …
Persistent link: https://www.econbiz.de/10013012270
Persistent link: https://www.econbiz.de/10012916378
Recent empirical studies have been searching for evidence on and driving forces for offshoring. Frequently, this has … competing with the role of multilateral trade resistance. Our results support evidence for offshoring activities across Europe … rest of the world. …
Persistent link: https://www.econbiz.de/10011374348
rest of the world. -- international trade ; gravity model ; offshoring ; panel data ; European Union …Recent empirical studies have been searching for evidence on and driving forces for offshoring. Frequently, this has … competing with the role of multilateral trade resistance. Our results support evidence for offshoring activities across Europe …
Persistent link: https://www.econbiz.de/10009535108