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which generates local spillovers. Tasks can be performed at home or abroad, but offshoring entails costs that vary by task …. In equilibrium, the tasks with the highest offshoring costs may not be traded. Among the remainder, those with the … relatively higher offshoring costs are performed in the country that has the higher wage and higher aggregate output. The paper …
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organizational and spatial relocation derived from the existing literature on offshoring. Applying principal component analysis, we …. Moreover, our computed indicators can be used to further investigate the economic effects of offshoring potential. …
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We extend the model of Fullerton, Karney, and Baylis (2012 working paper) to explore cost-effectiveness of unilateral climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the welfare cost of the emissions tax or permit scheme....
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