Offshoring in the Global Economy: Microeconomic Structure and Macroeconomic Implications
AbstractIn the early 1990s, trade and labor economists, noting the fall in wages for low-skilled workers relative to high-skilled workers, began to debate the impact of trade on wages. This debate—which led to a sometimes heated exchange on the role of trade versus the role of technological change in explaining wage movements—continues today, with the focus now shifting to workers in the middle of the wage distribution. In Offshoring in the Global Economy, noted economist Robert Feenstra offers a synthesis of fifteen years of research—linking his own work to related research by others—on the globalization of production and its relation to wage movements. Feenstra first contrasts the views of trade economists Paul Krugman and Edward Leamer, who both relied (to different ends) on the Heckscher–Ohlin model. He then examines the new type of trade model whereby the production processes transfer across countries. Feenstra suggests a new calculation of the factor content of trade that demonstrates the durability of the Heckscher–Ohlin model. Feenstra examines as well the impacts of business cycle volatility, prices, and productivity on the macroeconomics of offshoring. In a concluding chapter, he addresses the broader implications of both empirical and theoretical work on offshoring and suggests directions for future research. Ohlin Lectures series
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoThis book is provided by The MIT Press in its series MIT Press Books with number 0262013835 and published in 2010.
Contact details of provider:
Web page: http://mitpress.mit.edu
trade; technological change; wages; globalization; production; Paul Krugman; Edward Leamer; Heckscher-Olin model; offshoring;
Find related papers by JEL classification:
- F1 - International Economics - - Trade
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Sotiris Blanas, 2012.
"Intra-Firm Trade and Employment in US Manufacturing,"
Kiel Advanced Studies Working Papers
458, Kiel Institute for the World Economy.
- Sotiris Blanas, 2012. "Intra-Firm Trade and Employment in US Manufacturing," FIW Working Paper series 077, FIW.
- Wilhelm Kohler & Jens Wrona, 2010. "Offshoring Tasks, yet Creating Jobs?," CESifo Working Paper Series 3019, CESifo Group Munich.
- Timmer, Marcel & Stehrer, Robert & Los, Bart & Vries, Gaaitzen J. de, 2012.
"Fragmentation, Incomes and Jobs. An analysis of European competitiveness,"
GGDC Research Memorandum
GD-130, Groningen Growth and Development Centre, University of Groningen.
- Marcel P. Timmer & Bart Los & Robert Stehrer & Gaaitzen J. Vries, 2013. "Fragmentation, incomes and jobs: an analysis of European competitiveness," Economic Policy, CEPR & CES & MSH, vol. 28(76), pages 613-661, October.
- Timmer, Marcel P. & Los, Bart & Stehrer, Robert & de Vries, Gaaitzen, 2013. "Fragmentation, incomes and jobs: an analysis of European competitiveness," Working Paper Series 1615, European Central Bank.
- Tamayo, M. P. & Huergo, E., 2013. "The effect of high-tech services offshoring on skilled employment: intra-firm evidence," MPRA Paper 43970, University Library of Munich, Germany.
- Kaplan, David S. & Lederman, Daniel & Robertson, Raymond, 2012. "What drives short-run labor market volatility in offshoring industries ? evidence from northern Mexico during 2007-2009," Policy Research Working Paper Series 6268, The World Bank.
- Oliver Denk & Robert P. Hagemann & Patrick Lenain & Valentin Somma, 2013. "Inequality and Poverty in the United States: Public Policies for Inclusive Growth," OECD Economics Department Working Papers 1052, OECD Publishing.
- Joachim Wagner, 2011.
"Offshoring and firm performance: self-selection, effects on performance, or both?,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer, vol. 147(2), pages 217-247, June.
- Wagner, Joachim, 2009. "Offshoring and Firm Performance: Self-Selection, Effects on Performance, or Both?," IZA Discussion Papers 4605, Institute for the Study of Labor (IZA).
- Joachim Wagner, 2009. "Offshoring and firm performance: Self-selection, effects on performance, or both?," Working Paper Series in Economics 153, University of Lüneburg, Institute of Economics.
- Gordon H. Hanson, 2012.
"The Rise of Middle Kingdoms: Emerging Economies in Global Trade,"
Journal of Economic Perspectives,
American Economic Association, vol. 26(2), pages 41-64, Spring.
- Gordon H. Hanson, 2012. "The Rise of Middle Kingdoms: Emerging Economies in Global Trade," NBER Working Papers 17961, National Bureau of Economic Research, Inc.
- Kohler, Wilhelm & Wrona, Jens, 2011. "Offshoring tasks, yet creating jobs?," University of Tuebingen Working Papers in Economics and Finance 12, University of Tuebingen, Faculty of Economics and Social Sciences.
- Neil Foster, 2012. "Offshoring and Labour Markets," FIW Specials series 003, FIW.
- Ariel Burstein & Jonathan Vogel, 2010. "Globalization, Technology, and the Skill Premium: A Quantitative Analysis," NBER Working Papers 16459, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jake Furbush).
If references are entirely missing, you can add them using this form.