In this paper, we develop a two-sector general equilibrium trade model which includes offshoring, sequential production …, and endogenous market structures. We analyze how relative factor endowments and various forms of globalization and … technological change affect equilibrium offshoring patterns. We show that, against common belief, a reduction in trade costs lowers …

In this paper, we develop a two-sector general equilibrium trade model which includes offshoring, sequential production …, and endogenous market structures. We analyze how relative factor endowments and various forms of globalization and … technological change affect equilibrium offshoring patterns. We show that, against common belief, a reduction in trade costs lowers …

focuses on tradable tasks and use it to study how falling costs of offshoring affect factor prices in the source country. We …

tradable tasks and use it to study how falling costs of offshoring affect factor prices in the source country. We identify a …