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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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| Pubblicato in: | MAGKS - Joint Discussion Paper Series in Economics (Band 02-2014) |
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| Autori principali: | , , |
| Natura: | Articolo |
| Lingua: | inglese |
| Pubblicazione: |
Philipps-Universität Marburg
2014
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| Soggetti: | |
| Accesso online: | PDF Full Text |
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| Riassunto: | 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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| Descrizione fisica: | 32 Seiten |
| ISSN: | 1867-3678 |
| DOI: | 10.17192/es2024.0304 |