Offshoring
general equilibrium effects on wages, production and trade
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Author
Contributions
- Robert-Nicoud, Frédéric. - Contributor
- National Bureau of Economic Research. - Contributor
Publication
2007 - National Bureau of Economic Research, Cambridge, Mass, Massachusetts
Language
English
Word Count
5,250 words, Guess
Page Count
21 pages
Identifiers
- OCLC Control Number122546661
- Open LibraryOL17633523M
Description
"A simple model of offshoring, which depicts offshoring as 'shadow migration,' permits straightforward derivation of necessary and sufficient conditions for the effects on wages, prices, production and trade. We show that offshoring requires modification of the four classic international trade theorems, so econometricians who ignore offshoring might reject the Heckscher-Ohlin theorem when a properly specified version held in the data. We also show that offshoring is an independent source of comparative advantage and can lead to intra-industry trade in a Walrasian setting. The model is extended to allow for two-way offshoring between similar nations, and to allow for monopolistic competition"--National Bureau of Economic Research web site.
Subjects
Topics
Series Statement
- NBER working paper series -- no. 12991.
- Working paper series (National Bureau of Economic Research) -- working paper no. 12991.
Links
Other Editions
- Offshoring: general equilibrium effects on wages, production and trade
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