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outsourcing activities, the increased flow of direct foreign investment and its heterogeneous regional distribution, the increased …
Persistent link: https://www.econbiz.de/10010268174
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...
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Our paper investigates the link between outsourcing and wages utilising a large household panel and combining it with … industry level information on industries? outsourcing activities from input-output tables. By doing so we can arguably overcome … fragmentation has had a marked impact on wages. Distinguishing three skill categories we find evidence that outsourcing reduced the …
Persistent link: https://www.econbiz.de/10010277444
Fragmentation of production into more and more complex supply chains is a prominent feature of globalisation. It implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis of the various types of transaction costs is also...
Persistent link: https://www.econbiz.de/10010325237
integrated manufacturing firms in developed economies and, at the same time, to an increase in "outsourcing" of these same …
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