Offshoring
Subtitle: general equilibrium effects on wages, production and trade
By: Richard Baldwin, Frederic Robert-Nicoud.
Contributors: Baldwin, Richard.; Robert-Nicoud, Frederic.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 12991; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12991.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
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.
Notes: Title from PDF file as viewed on 5/25/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.