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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014471686
) can offshore routine tasks to a low-wage host country. The most productive firms self-select into offshoring, and the … impact on welfare in the source country can be positive or negative, depending on the share of firms engaged in offshoring … among entrepreneurs is higher with offshoring than in autarky. All results hold in a model extension with firm-level rent …
Persistent link: https://www.econbiz.de/10010291498
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U … declines the most experience more severe employment losses along with larger increases in the value of imports from China and … employment loss, and we show that the U.S. employment trends differ from those in the EU, where there was no change in policy. …
Persistent link: https://www.econbiz.de/10010328710
This paper examines the relationship between offshoring activity by U.S. multinational firms and the structure of U …, we find that offshoring multinational activity and preferential market access are positively and consistently correlated …
Persistent link: https://www.econbiz.de/10010283581
I study the effects of service offshoring on white-collar employment, using highly disaggregated occupational data for … service offshoring is skill-biased, because it raises employment among high-skilled occupations and lowers employment among … the high degree of censoring of the employment variable and the small cross-sectional dimension of the panel. I find that …
Persistent link: https://www.econbiz.de/10010264163
affect the volume of offshoring between U.S. companies and their affiliates. The suggested argument is stronger for the …
Persistent link: https://www.econbiz.de/10010264188
, we observe interesting patterns in the skill composition, employment opportunities and wages for migrants to the …
Persistent link: https://www.econbiz.de/10010264459
We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … manufacturing industries in 1995-2003. Our results indicate that the off-shoring of intermediates within the same industry ("narrow … off-shoring") is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way …
Persistent link: https://www.econbiz.de/10010264353
of offshoring emphasized by Grossman & Rossi-Hansberg (2008) emerges as a vehicle of job creation. Improvements in the … technology of offshoring causes job losses at the extensive margin where ever more tasks are performed abroad, but it also causes … dominates job destruction. We also show that employment may follow a non-monotonic pattern of adjustment to successive …
Persistent link: https://www.econbiz.de/10010274485
In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality …
Persistent link: https://www.econbiz.de/10010275053