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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Firm Heterogeneity, Contract Enforcement, and the Industry Dynamics of Offshoring | |
Gianmarco I.P. Ottaviano; Alireza Naghavi | |
发表日期 | 2009 |
出处 | Economy and Society |
出版年 | 2009 |
语种 | 英语 |
摘要 | We develop an endogenous growth model to study the long run consequences of offshoring with firm heterogeneity and incomplete contracts. In so doing, we model offshoring as the geographical fragmentation of a firm's production chain between a home upstream division and a foreign downstream one. On the positive side, we show that, when contracts are incomplete, the possibility of offshoring has favorable implications for economic growth. Yet, offshoring induced by a higher bargaining power of the upstream division can hamper growth: while there is always a positive correlation between upstream bargaining weight and offshoring activities, there is a non-monotonic relationship between these and growth. Whether offshoring with incomplete contracts also increases consumption depends on firm heterogeneity. On the normative side, we show that, whereas with complete contract efficiency is restored through a subsidy to R&D only, with incomplete contracts a production subsidy to offshored upstream divisions is needed too. |
特色分类 | D23,F23,L23,O31,O43 |
关键词 | Offshoring,Heterogeneous Firms,Incomplete Contracts,Growth,Industry Dynamics |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/firm-heterogeneity-contract-enforcement-and-the-industry-dynamics-of-offshoring/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117731 |
推荐引用方式 GB/T 7714 | Gianmarco I.P. Ottaviano,Alireza Naghavi. Firm Heterogeneity, Contract Enforcement, and the Industry Dynamics of Offshoring. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2009-054.pdf(527KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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