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equilibrium where input sub-bundles may be traded (offshoring). The model allows for several goods and two fragments, produced …. I also explore trade policy implications and compare offshoring to migration …
Persistent link: https://www.econbiz.de/10012777491
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
estimates connecting country-industry productivity and exports, and the study exploits heterogeneous technology diffusion from …. The instrumented elasticity of export growth on the intensive margin with respect to the exporter's productivity growth is …
Persistent link: https://www.econbiz.de/10012902445
fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor …-intensive inputs to the labor-abundant countries than low-productivity firms. Differently from the traditional versions of factor … intensity across firms that is positively correlated with firm productivity. Using French firm-level data for the years 1996 to …
Persistent link: https://www.econbiz.de/10013012534
We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring") is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … manufacturing industries in 1995-2003. Our results indicate that the off-shoring of intermediates within the same industry ("narrow …
Persistent link: https://www.econbiz.de/10013316535
This article deals with econometric developments for the estimation of gravity model, which allow to get convergent parameter estimates even when a correlation exists between the explanatory variables and the specific unobservable characteristics of each individual. We implement panel data...
Persistent link: https://www.econbiz.de/10013316541
We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … 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 …
Persistent link: https://www.econbiz.de/10013144365
We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we … distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm's choice is … productivity premia associated with the different sourcing strategies. We find strong empirical support for the predictions of the …
Persistent link: https://www.econbiz.de/10013149002
We set up a model of offshoring with heterogeneous producers that captures two empirical regularities of German … offshoring firms. There is selection of larger, more productive firms into offshoring. However, the selection is not sharp, and … offshoring and non-offshoring firms coexist over a wide range of the revenue distribution. An overlap of offshoring and non-offshoring …
Persistent link: https://www.econbiz.de/10012960120
We consider the optimal education policies of a small economy whose government has a limited budget. Initially, the economy is closed and the government chooses its education policy to maximize welfare under autarky. Then the economy trades with the rest of the world. Lastly, the government...
Persistent link: https://www.econbiz.de/10013160221