Showing 1 - 5 of 5
One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L’Esprit des Lois, argued, “peace is...
Persistent link: https://www.econbiz.de/10005822680
oligopolistic export sector and a competitive import-competing sector. When there is a minimum wage, an outsourcing tax might be … desirable and the usual profit-shifting objectives of an export subsidy are mitigated, perhaps completely, because it might lead … outsourcing. Further, if export subsidies are not possible due to WTO regulations, it is optimal to subsidize rather than to tax …
Persistent link: https://www.econbiz.de/10005822983
The paper investigates the relationship between offshoring, wages, and the ease with which individuals' tasks can be offshored. Our analysis relates to recent theoretical contributions arguing that there is only a loose relationship between the suitability of a task for offshoring and the...
Persistent link: https://www.econbiz.de/10008529132
This paper analyzes the issues of immigration and outsourcing in a general-equilibrium model of international factor mobility. In our model, legal immigration is controlled through a quota, while outsourcing is determined both by the firms (in response to market conditions) and through...
Persistent link: https://www.econbiz.de/10005566370
This paper re-examines the trade-based explanation of increased wage inequality in developed countries by focusing on international outsourcing. It is the first detailed study to address the effects of outsourcing on labour markets in the UK. In a recent paper, Feenstra and Hanson (1996)...
Persistent link: https://www.econbiz.de/10005703769