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between globalization and factor prices. Under some restrictions, changes in the "factor content of trade" are sufficient …
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general results are then used to generate new insights about the consequences of globalization …
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general results are then used to generate new insights about the consequences of globalization …
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. The paper identifies conditions under which outsourcing to a low-wage country is a "friend" or an "enemy" to domestic …
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A distinctive feature of the present wave of economic globalization is that the principle of world-wide arbitrage is … outsourcing, or international fragmentation. Economists have investigated this phenomenon with a focus on welfare and factor price … welfare efect of outsourcing. Moreover, the paper highlights a crucial distinction between outsourcing that takes place in an …
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