Showing 1 - 4 of 4
We analyze a firm that produces a final good from multiple intermediates that can each be sourced domestically or from a low-wage country. The model explicitly incorporates that sourcing decisions of intermediates are interdependent. Equilibrium predictions depend crucially on a key modeling...
Persistent link: https://www.econbiz.de/10009324256
We generalize the Antràs and Helpman (2004) model of the international organization of production in order to accommodate varying degrees of contractual frictions. In particular, we allow the degree of contractibility to vary across inputs and countries. A continuum of firms with heterogeneous...
Persistent link: https://www.econbiz.de/10005792310
Two literatures exist concerning cross-border merger activity’s impact on domestic wages: one focusing on spillover …) unionization rates and under high (low) degrees of relatedness. Employing US firm-level panel data on wages combined with industry … cross-border merger activity generate positive spillovers to wages, but are more likely to generate firm-level wage …
Persistent link: https://www.econbiz.de/10011083984
. The new jobs created by the MNCs were found in activities with relatively high productivity and wages. This suggests that …
Persistent link: https://www.econbiz.de/10005504266