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cornerstones of modern quantitative trade theory: monopolistic competition and input-output linkages. The distortion as such is …
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We show that the combination of monopolistic competition and input-output linkages generate what we call an input distortion. The distortion arises because material input prices involve a markup over the social opportunity cost. This has so far escaped attention in the literature addressing...
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offshoring and domestic outsourcing with a firm panel. I find that offshoring of non-core activities has led to productivity … gains whereas offshoring of core activities and domestic outsourcing have had no such effects. The estimated productivity …The economic effects of offshoring have been subject to extensive empirical analysis in the past, but many studies have …
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