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The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others to specialize in production. To study the aggregate and distributional implications of this phenomenon, we develop a quantifiable general equilibrium model of trade and MP....
Persistent link: https://www.econbiz.de/10013035693
Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...
Persistent link: https://www.econbiz.de/10012909494
paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000. It finds … that service offshoring has a significant positive effect on productivity in the US, accounting for around 10 percent of … labor productivity growth during this period. Offshoring material inputs also has a positive effect on productivity, but the …
Persistent link: https://www.econbiz.de/10013249187
In this paper, we develop a simple model of international outsourcing and apply it to processing trade in China. We …
Persistent link: https://www.econbiz.de/10013228044
contracts they can write with suppliers or employees. Our main result concerns the sorting of firms with different productivity … relevant prevalence of outsourcing and foreign direct investment …
Persistent link: https://www.econbiz.de/10013240610
. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral … different productivity levels choose different ownership structures and supplier locations, i.e., they choose different …
Persistent link: https://www.econbiz.de/10013218970
of host-country management skills (middle management) in bringing about the emergence of international offshoring. By … that the positive effect of middle skills on offshoring is weaker, the more advanced are communication technologies in the …
Persistent link: https://www.econbiz.de/10012767355
International supply chains require coordination of numerous activities across multiple countries and firms. We adapt a model of supply chains and apply it to an international trade setting. In each chain, the measure of tasks completed within a firm is determined by transaction costs and the...
Persistent link: https://www.econbiz.de/10013016019
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012867903
Trade theory consists of a portfolio of models. What elements might be useful in modeling the offshoring of white … characteristics of offshoring, and then use those models to identify the effects of technological or institutional changes which allow … offshoring of white-collar services to occur …
Persistent link: https://www.econbiz.de/10013231442