Offshoring reallocates jobs inside firms, between firms, and across sectors, affecting the economy-wide unemployment rate. We study these channels in a model with labor market frictions and two sectors—a differentiated-good sector comprising heterogeneous firms that can offshore, and a...

The effective liquidity supply of the economy—the weighted-sum of all assets that serve as media of exchange—matters for interest rates and unemployment. We formalize this idea by adding an over-the-counter market with collateralized trades to the Mortensen–Pissarides model. An increase in...

Wireless sensor networks are useful in various industrial, commercial, Internet of Things (IoT), Internet of Everything (IoE) and many important tracking purpose applications. Energy is a limited and not replaceable. Hence it is the most focused research area in the field of wireless sensor...

Abstract It is shown how corruption in the management of environmental resources can give rise to a comparative advantage in environment-intensive industries. International trade, in this setting, is not necessarily welfare improving. When corruption responds endogenously to the...

Purpose – The purpose of this paper is to study whether exporting firms outperform non‐exporting firms along a number of performance characteristics. It also examines whether the differences in performance characteristics are due to the self‐selection of better firms into exporting or...

Purpose – In this study, the authors aim to analyze India's trade performance from the period of liberalization until the recent financial crisis, and compare it to China's. Design/methodology/approach – The authors then examine Indian trade and investment policy and also institutional...

Purpose – This paper aims to survey India's experience with exporting services. The authors seek to show that the country's experience is unique in that modern tradable services are a significantly larger share of GDP than in other countries at comparable levels of economic development. This...