G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6015
DP6015 National Labour Markets, International Factor Mobility and Macroeconomic Instability
Marta Aloi; Teresa Lloyd-Braga
发表日期2006-12-24
出版年2006
语种英语
摘要We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in the country of origin. Offshoring is associated with reduced feedback from offshored plants to domestic labs as well as coordination problems between the offshored and domestic divisions of firms. Production and transport cost parameters affect the static decision to relocate plants but not R&D. Hence, offshoring may be chosen by firms when it damages the growth rate of their countries of origin. In particular, if offshoring reduces the feedback from plants to labs, it is likely to bring dynamic losses when the countries of origin are large, especially in sectors in which R&D is cheap and product differentiation is strong. It is also likely to slow growth in sectors in which contractual incompleteness gives a strong bargaining power to offshored divisions in intra-firm transactions.
主题International Trade and Regional Economics
关键词Growth Incomplete contracts Innovation Offshoring
URLhttps://cepr.org/publications/dp6015
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534856
推荐引用方式
GB/T 7714
Marta Aloi,Teresa Lloyd-Braga. DP6015 National Labour Markets, International Factor Mobility and Macroeconomic Instability. 2006.
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