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A New International Division of Labour in Europe: Outsourcing and Offshoring to Eastern Europe

Marin, Dalia - C.E.P.R. Discussion Papers - 2006

affecting the level of intra-firm imports from Eastern Europe. They are also favouring outsourcing over offshoring. Low … alternative suppliers in Eastern Europe) are favouring offshoring over outsourcing. Tax holidays granted by host countries in …

Persistent link: https://www.econbiz.de/10005124471

Imperfect Labour Contracts and International Trade

Grossman, Gene - C.E.P.R. Discussion Papers - 1999

In an economy with imperfect labour contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where output is produced by teams and another where individuals can work alone. When workers'...

Persistent link: https://www.econbiz.de/10005661464

Information Gathering, Transaction Costs and the Property Rights Approach

Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2005

The property rights approach to the theory of the firm suggests that ownership structures are chosen in order to provide ex ante investment incentives, while bargaining is ex post efficient. In contrast, transaction cost economics emphasizes ex post inefficiencies. In the present paper, a party...

Persistent link: https://www.econbiz.de/10005067623

Outsourcing in a Global Economy

Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2002

We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and … trade. We model outsourcing as an activity that requires search for a partner and relationship-specific investments that are … governed by incomplete contracts. The extent of international outsourcing depends inter alia on the thickness of the domestic …

Persistent link: https://www.econbiz.de/10005666820

Organizations and Trade

Antràs, Pol; Rossi-Hansberg, Esteban - C.E.P.R. Discussion Papers - 2008

We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we...

Persistent link: https://www.econbiz.de/10005791747

Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production

Antràs, Pol - C.E.P.R. Discussion Papers - 2011

I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...

Persistent link: https://www.econbiz.de/10009320400

Diversity and Trade

Grossman, Gene; Maggi, Giovanni - C.E.P.R. Discussion Papers - 1998

We develop a competitive model of trade between countries with similar aggregate factor endowments. The trade pattern reflects differences in the distribution of talent across the labour forces of the two countries. The country with a relatively homogeneous population exports the good produced...

Persistent link: https://www.econbiz.de/10005792366

Incomplete Contracts and Industrial Organization

Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 1999

We develop an equilibrium model of industrial structure in which the organization of firms is endogenous. Differentiated consumer products can be produced either by vertically integrated firms or by pairs of specialized companies. Production of each variety of consumer good requires a unique,...

Persistent link: https://www.econbiz.de/10005661461

Human Capital, the Structure of Production, and Growth

Ciccone, Antonio; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2005

Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more human capital should have adopted more rapidly the skilled-labour augmenting technologies becoming available since the 1970's. High human capital levels should therefore have...

Persistent link: https://www.econbiz.de/10005067376

The Elixir of Growth: Trade, Non-Traded Goods and Development

Minford, Patrick; Nowell, Eric; Riley, Jonathan - C.E.P.R. Discussion Papers - 1995

Development and convergence is explained as the transfer of technology embodied in machinery, to the manufacturing sector of those developing countries that institute the necessary property rights. The process is modelled within a Heckscher-Ohlin-Samuelson framework with capital mobility and...

Persistent link: https://www.econbiz.de/10005661920