Showing 1 - 2 of 2
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...
Persistent link: https://www.econbiz.de/10010274459
distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm’s choice is …
Persistent link: https://www.econbiz.de/10010274468