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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6015 |
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 |
URL | https://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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