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The rapid expansion of China's trade today owes much to the procurement of American and European firms for their home demand and the migration of industries from Taiwan and Hong Kong to China as sources for production. The catalytic participation of the former suppliers in Taiwan and Hong Kong...
Persistent link: https://www.econbiz.de/10012730312
International organizations often outsource the enforcement of international law to their member states. The International Labor Organization (ILO), for instance, has neither its own adjudicative body nor an internal system of sanctions. Instead, the ILO’s maritime rules authorize states to...
Persistent link: https://www.econbiz.de/10013244215
Ein großer Anteil der multinational tätigen Großunternehmen ist in technologieintensiven, dynamischen Branchen tätig und verfügt über ein breites Spektrum an technologischen Ressourcen. In den vergangenen Dekaden hat ein Großteil dieser Unternehmen zunehmend Wertschöpfungsleistungen an...
Persistent link: https://www.econbiz.de/10005860988
We present a dynamic model where the probability of outsourcing production is increasing inthe firm’s expectation of technological change. As the pace of innovations in productiontechnologies increases, the less time the firm has to amortize the sunk costs associated withpurchasing and...
Persistent link: https://www.econbiz.de/10009360607
Aim of this paper is to study whether and how the firm's decision to outsource production activities affects its technological performance. In particular, we look at how the alignment between the firm's governance strategy and the underlying attributes of the transactions affects the capacity of...
Persistent link: https://www.econbiz.de/10010312395
This paper analyzes a sequential game where firms decide about outsourcing the production of a non-specific input good to an imperfectly competitive input market. We apply the taxonomy of business strategies introduced by Fudenberg and Tirole (1984) to characterize the different equilibria. We...
Persistent link: https://www.econbiz.de/10010315541
This paper studies how outsourcing of services activities affects TFP at the firm level. Using the universe of buyer-supplier relationships in Belgium, we first document several new empirical facts about how firms engage in the outsourcing of supporting activities. We show that virtually all...
Persistent link: https://www.econbiz.de/10014550225
Using firm-level panel data from the German cost structure survey over the period 1992 to 2000, our empirical analysis shows that firms that increased material inputs relative to internal labor costs performed better in terms of gross operating surplus than other firms. However, firms that...
Persistent link: https://www.econbiz.de/10010260638
We study ex post outsourcing of production in an imperfectly discriminating contest, interpreted here as a research tournament or a procurement contest for being awarded some production contract. We find that the possibility of outsourcing increases competition between the contestants, leading...
Persistent link: https://www.econbiz.de/10010261411
This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance arguments nor depends on ownership structure. We analyse a repeated hidden action model in which the actions of a risk neutral agent determine his future outside option. Consequently,...
Persistent link: https://www.econbiz.de/10010262786