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We present a dynamic model where the probability of outsourcing production is increasing in the firm’s expectation of … outsourcing. No prior study has been able to provide such causal evidence. Our results are robust to the inclusion of detailed … characteristics of the firms as well as firm fixed effects. -- Outsourcing ; technological change …
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this paper is an observation-based analysis conducted by visiting selected paper mills in Finland, the U.S., Germany and …
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