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U.S. manufacturing experienced a precipitous and historically unprecedented decline in employment in the 2000s. Many economists and other analysts - pointing to decades of statistics showing that manufacturing real (inflation-adjusted) output growth has largely kept pace with private sector real...
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We develop a theory of a firm in an incomplete contracts environment which decides on the complexity, the organization, and the global scale of its production process. Specifically, the firm decides i) how many intermediate inputs are simultaneously combined to a final product, ii) if the...
Persistent link: https://www.econbiz.de/10010213481
countries the level of outsourcing reached its limits at the beginning of the new millennium. At the same time, the offshoring … expenditures approach that allows us to consistently analyse the role of i) outsourcing, ii) offshoring and iii) changes in final …
Persistent link: https://www.econbiz.de/10012125631
This paper assesses the impact of international outsourcing/offshoring practices on the process of wage equalization … outsourcing/offshoring indices based on input-output data (World Input Output Database, April 2012 release). Two-way relations … place, but international outsourcing plays a negligible role in wage equalization. Moreover, even though regression results …
Persistent link: https://www.econbiz.de/10011802179
engage in offshoring. Reshoring does occur but seldom for corrective reasons. China remains the most attractive site for …
Persistent link: https://www.econbiz.de/10011864779
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This paper studies how firms' offshoring decisions shape a country's domestic production networks. We develop a model … foreign suppliers, due to costly communication. Triggered by foreign countries' export supply shocks, firms start offshoring … net effect of offshoring on a firm’s domestic production networks depends on the relative strength of the three effects …
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