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This chapter reviews the state of the international trade literature on multinational firms. This literature addresses three main questions. First, why do some firms operate in more than one country while others do not? Second, what determines in which countries production facilities are...
Persistent link: https://www.econbiz.de/10014025384
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/10010277412
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/10010213481
The paper builds a framework for the analysis of research and development (R&D) offshoring and outsourcing that …
Persistent link: https://www.econbiz.de/10010273492
While the increased frequency of relocation of productive capacities to lower wage countries from developed economies has given rise to discussions concerning job losses and de-industrialisation, developments in the host countries of relocation have been widely neglected. Hungary, together with...
Persistent link: https://www.econbiz.de/10010252180
integration)? Which firms choose to expand their sourcing activities across the national border (offshoring)? This letter provides … vertical integration and of offshoring tend to have been more productive ex ante than firms choosing not to do so. This finding …
Persistent link: https://www.econbiz.de/10010199514
increasing offshoring activity increases competition in the final goods market, leading to a progressive vertical disintegration … of the supply chains. Initially, the firms that decide to explore offshoring potential choose integration. As competition …
Persistent link: https://www.econbiz.de/10013332242
between offshoring and exports. We model a world consisting of many advanced countries that trade differentiated goods among …
Persistent link: https://www.econbiz.de/10010271466
down outsourcing into two types by distinguishing whether or not they involve technology sharing between the two parties … technology-sharing-outsourcing IPRs promote outsourcing of more complex goods to a destination country by guaranteeing the … protection of their technology, (ii) for non-technology-related-outsourcing IPRs attract the outsourcing of less complex products …
Persistent link: https://www.econbiz.de/10010199759
the intermediate from vertically integrated producers, or from independent suppliers. In both cases, offshoring part of …
Persistent link: https://www.econbiz.de/10011761570