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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Ngā taipitopito rārangi puna kōrero
I whakaputaina i:MAGKS - Joint Discussion Paper Series in Economics (Band 02-2014)
Ngā kaituhi matua: Harms, Philipp, Jung, Jaewon, Lorz, Oliver
Hōputu: Tuhinga
Reo:Ingarihi
I whakaputaina: Philipps-Universität Marburg 2014
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Whakarāpopototanga: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.
Whakaahuatanga ōkiko:32 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0304