Helpman, Elhanan (contributor); Antràs, Pol (contributor) - 2007
in µ
m
. As a result, the share of outsourcing firms, which equals
1−σ
V
,isincreasinginµ
h
and declining in µ
m
. We … holds in the general equilibrium of a one-factor economy, in which the fixed costs
F
i
, i = O,V,andw
m
are proportional to … on a global scale. These developments include
the growing role of multinational corporations in the global economy,
1 …