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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Foilsithe in:MAGKS - Joint Discussion Paper Series in Economics (Band 02-2014)
Príomhchruthaitheoirí: Harms, Philipp, Jung, Jaewon, Lorz, Oliver
Formáid: Alt
Teanga:Béarla
Foilsithe / Cruthaithe: Philipps-Universität Marburg 2014
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Achoimre: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.
Cur síos fisiciúil:32 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0304