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The objective of this report is to examine the extent to which countries in Latin America and the Caribbean participate in global value chains and what are the drivers of such participation. Production processes have been increasingly fragmented worldwide. For example, the production of the...
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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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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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Recent contributions on offshoring often assume that firms can freely split their production process into separate … technologically determined sequence of production steps. In our model, cost savings from offshoring fluctuate along the production … from offshoring even if relocating individual steps would be advantageous. Conversely, small variations in model parameters …
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