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outsourcing. As a result it appears that effectively in the future both India and US may actually be competitors in the production …
Persistent link: https://www.econbiz.de/10014059435
This paper provides an analysis of outsourcing and trade in a spatial model a la Hotelling. In this setting, we discuss … the trade-off between transport-cost-related disadvantages and outsourcing-induced production cost advantages of a large …
Persistent link: https://www.econbiz.de/10014063469
Persistent link: https://www.econbiz.de/10013368298
We analyse firms' sourcing decisions under institutional uncertainty in foreign countries. Firms can reduce their uncertainty by observing offshoring firms' behaviour. The model characterises a sequential offshoring equilibrium path, led by the most productive firms in the market. With multiple...
Persistent link: https://www.econbiz.de/10013419347
This paper studies the impact of outsourcing on individual wages. In contrast to the standard approach in the … literature, we focus on domestic outsourcing as well as foreign outsourcing. By using a simple theoretical model, we argue that …, if outsourcing is associated with specialization gains arising from an increase in the division of labor, domestic …
Persistent link: https://www.econbiz.de/10005703656
Persistent link: https://www.econbiz.de/10005167053
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...
Persistent link: https://www.econbiz.de/10005181377
This paper studies the impact of outsourcing on individual wages. In contrast to the standard approach in the … literature, we focus on domestic outsourcing as well as foreign outsourcing. By using a simple theoretical model, we argue that …, if outsourcing is associated with specialization gains arising from an increase in the extent of the market for …
Persistent link: https://www.econbiz.de/10005190610
increasing U.S. wage inequality. A minority argues that capital mobility and outsourcing indicate a larger effect. This paper …
Persistent link: https://www.econbiz.de/10005446103
This paper explains, in terms of Galbraith's "conventional wisdom" and "innocent fraud" of mainstream economics, why the U.S. economy has experienced significant backsliding from the degree of progress our economic policies and institutions made toward producing a civilized economic society. It...
Persistent link: https://www.econbiz.de/10005543614