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The recent global recession requires policy makers to identify the relative importance of shock transmission mechanisms in each region and devise counter policy measures against future idiosyncratic shocks. In the last decade, world dynamics have changed considerably due to increased openness...
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This paper examines the effects of human capital on SMEs' participation in global value chains using Indonesian firm-level data. The paper adopts the discrete choice modeling of the probit framework to examine the behavior of firms in the export market. In particular, it examines SME behavior in...
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1. Introduction -- 2. Economics of outsourcing : a literature survey -- 3. Outsourcing decisions : theory and evidence -- 4. Outsourcing and labour productivity -- 5. Outsourcing and wage inequality -- 6. Outsourcing in emerging countries : a case study from Vietnam -- 7. Managing global supply...
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