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Offshoring and Sequential Production Chains: A General-Equilibrium Analysis
In this paper, we develop a two-sector general equilibrium trade model which includes offshoring, sequential production, and endogenous market structures. We analyze how relative factor endowments and various forms of globalization and technological change affect equilibrium offshoring patterns. We...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 02-2014) |
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| Autoren: | , , |
| Format: | Artikel |
| Sprache: | Englisch |
| Veröffentlicht: |
Philipps-Universität Marburg
2014
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| Schlagworte: | |
| Online Zugang: | PDF-Volltext |
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| Zusammenfassung: | In this paper, we develop a two-sector general equilibrium trade model which
includes offshoring, sequential production, and endogenous market structures. We analyze how relative factor endowments and various forms of globalization and technological change affect equilibrium offshoring patterns. We show that, against common belief, a reduction in trade costs lowers the range of tasks offshored even though the aggregate volume of offshoring may increase. |
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| Umfang: | 32 Seiten |
| ISSN: | 1867-3678 |
| DOI: | 10.17192/es2024.0304 |