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We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share of total output will equal its shares of total stocks of productive factors (i.e., physical and human capital). We label this result the equal-share relationship. This...
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) on employment changes and worker mobility in Germany. A composite measure of offshorability for German data is used which … employment creation is higher in non-offshorable occupations. Furthermore, both hiring and job separation rates decline with … leaving employment to other labour market states is higher if their jobs are more offshorable. …
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