Author: James R. Markusen
Publisher:
ISBN:
Category : Comparative advantage (International trade)
Languages : en
Pages : 52
Book Description
"Trade theory consists of a portfolio of models. What elements might be useful in modeling the offshoring of white-collar services, or do these issues call for an entirely fresh approach? I try to identifying some of the important aspects of this phenomenon and then argue that modeling could focus on (a) vertical fragmentation of production, (b) expansion of trade at the extensive margin, (c) fragments that differ in factor intensities and countries that differ in endowments, and (d) knowledge or capital stocks of countries or firms that are complementary to skilled labor, and create missing inputs for countries otherwise well suited to skill-intensive fragments. I argue that we can make good progress by selecting a number of "modules" from existing theory. I use these to formulate a series of simple "template" models which capture many of the characteristics of offshoring, and then use those models to identify the effects of technological or institutional changes which allow offshoring of white-collar services to occur"--National Bureau of Economic Research web site.
Modeling the Offshoring of White-collar Services
Author: James R. Markusen
Publisher:
ISBN:
Category : Comparative advantage (International trade)
Languages : en
Pages : 52
Book Description
"Trade theory consists of a portfolio of models. What elements might be useful in modeling the offshoring of white-collar services, or do these issues call for an entirely fresh approach? I try to identifying some of the important aspects of this phenomenon and then argue that modeling could focus on (a) vertical fragmentation of production, (b) expansion of trade at the extensive margin, (c) fragments that differ in factor intensities and countries that differ in endowments, and (d) knowledge or capital stocks of countries or firms that are complementary to skilled labor, and create missing inputs for countries otherwise well suited to skill-intensive fragments. I argue that we can make good progress by selecting a number of "modules" from existing theory. I use these to formulate a series of simple "template" models which capture many of the characteristics of offshoring, and then use those models to identify the effects of technological or institutional changes which allow offshoring of white-collar services to occur"--National Bureau of Economic Research web site.
Publisher:
ISBN:
Category : Comparative advantage (International trade)
Languages : en
Pages : 52
Book Description
"Trade theory consists of a portfolio of models. What elements might be useful in modeling the offshoring of white-collar services, or do these issues call for an entirely fresh approach? I try to identifying some of the important aspects of this phenomenon and then argue that modeling could focus on (a) vertical fragmentation of production, (b) expansion of trade at the extensive margin, (c) fragments that differ in factor intensities and countries that differ in endowments, and (d) knowledge or capital stocks of countries or firms that are complementary to skilled labor, and create missing inputs for countries otherwise well suited to skill-intensive fragments. I argue that we can make good progress by selecting a number of "modules" from existing theory. I use these to formulate a series of simple "template" models which capture many of the characteristics of offshoring, and then use those models to identify the effects of technological or institutional changes which allow offshoring of white-collar services to occur"--National Bureau of Economic Research web site.
Offshoring of white-collar services
Author: Artur Klimek
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110690691
Category : Business & Economics
Languages : en
Pages : 190
Book Description
This is one of the few books on the market dealing with offshoring of professional services, a dynamic phenomenon of high relevance in the global economy. The market for offshore services is worth more than 1 trillion dollars annually and employs millions of people. Global offshoring of services has been recently undergoing a profound transformation due to automation and robotisation of tasks. It can be associated with the increased codifi cation of knowledge, commoditisation of services and advancement in technology. The global perspective has been supplemented by a detailed analysis of offshoring in Central and Eastern Europe. It witnesses a dynamic growth of foreign direct investment (FDI) in professional services, resulting in capital and knowledge transfers. This books is a result of a holistic approach and an interdisciplinary research. It is enriched with conclusions from meetings with representatives of: authorities responsible for attracting FDI; associations of offshoring fi rms; and enterprises operating in professional services. It was also a result of numerous discussions with scholars during academic conferences and research seminars.
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110690691
Category : Business & Economics
Languages : en
Pages : 190
Book Description
This is one of the few books on the market dealing with offshoring of professional services, a dynamic phenomenon of high relevance in the global economy. The market for offshore services is worth more than 1 trillion dollars annually and employs millions of people. Global offshoring of services has been recently undergoing a profound transformation due to automation and robotisation of tasks. It can be associated with the increased codifi cation of knowledge, commoditisation of services and advancement in technology. The global perspective has been supplemented by a detailed analysis of offshoring in Central and Eastern Europe. It witnesses a dynamic growth of foreign direct investment (FDI) in professional services, resulting in capital and knowledge transfers. This books is a result of a holistic approach and an interdisciplinary research. It is enriched with conclusions from meetings with representatives of: authorities responsible for attracting FDI; associations of offshoring fi rms; and enterprises operating in professional services. It was also a result of numerous discussions with scholars during academic conferences and research seminars.
Brookings Trade Forum: 2005
Author: Susan M. Collins
Publisher: Brookings Institution Press
ISBN: 9780815712930
Category : Business & Economics
Languages : en
Pages : 526
Book Description
Tentative contents include: •Offshoring: Threats and Opportunities Daniel Trefler (University of Toronto) •Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI James Markusen (University of Colorado) •Globalization and the Outsourcing of Services: The Impact of Indian Offshoring Rafiq Dossani (Stanford University) •Offshoring in the Semiconductor Industry: A Historical Perspective Clair Brown and Greg Linden (University of California, Berkeley) •A Fairer Deal For America's Workers in a New Era of Offshoring Lael Brainard and Robert Litan (Brookings Institution and the Kauffman Foundation)
Publisher: Brookings Institution Press
ISBN: 9780815712930
Category : Business & Economics
Languages : en
Pages : 526
Book Description
Tentative contents include: •Offshoring: Threats and Opportunities Daniel Trefler (University of Toronto) •Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI James Markusen (University of Colorado) •Globalization and the Outsourcing of Services: The Impact of Indian Offshoring Rafiq Dossani (Stanford University) •Offshoring in the Semiconductor Industry: A Historical Perspective Clair Brown and Greg Linden (University of California, Berkeley) •A Fairer Deal For America's Workers in a New Era of Offshoring Lael Brainard and Robert Litan (Brookings Institution and the Kauffman Foundation)
Offshoring of Services
Author: Sigurd R. Nilsen
Publisher: DIANE Publishing
ISBN: 9781422304945
Category : Business & Economics
Languages : en
Pages : 88
Book Description
Much attention has focused on the offshoringÓ of services to lower-wage locations abroad. Offshoring generally refers to an org. purchase of goods or services from abroad that were previously produced domestically. Extensive public debate has arisen about both the potential benefits of services offshoring, such as lower consumer prices & higher U.S. productivity, as well as the potential costs, such as increased job displacement for selected U.S. workers. This report: provides an overview of experts' views on the potential impacts of services offshoring; describes the types of policies that have been proposed in response to offshoring; & highlights some key areas where add'l. research might help advance the debate about offshoring. Illus.
Publisher: DIANE Publishing
ISBN: 9781422304945
Category : Business & Economics
Languages : en
Pages : 88
Book Description
Much attention has focused on the offshoringÓ of services to lower-wage locations abroad. Offshoring generally refers to an org. purchase of goods or services from abroad that were previously produced domestically. Extensive public debate has arisen about both the potential benefits of services offshoring, such as lower consumer prices & higher U.S. productivity, as well as the potential costs, such as increased job displacement for selected U.S. workers. This report: provides an overview of experts' views on the potential impacts of services offshoring; describes the types of policies that have been proposed in response to offshoring; & highlights some key areas where add'l. research might help advance the debate about offshoring. Illus.
Offshoring of Services
Author: United States. Government Accountability Office
Publisher: DIANE Publishing
ISBN: 1428933859
Category : Globalization
Languages : en
Pages : 87
Book Description
Publisher: DIANE Publishing
ISBN: 1428933859
Category : Globalization
Languages : en
Pages : 87
Book Description
Liberalizing Trade in Services
Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN:
Category : Acuerdos comerciales
Languages : en
Pages : 62
Book Description
Abstract: Since the mid 1980s a substantial amount of research has been undertaken on trade in services. Much of this is inspired by the World Trade Organization or regional trade agreements, especially the European Union, but an increasing number of papers focus on the impacts of services sector liberalization. This paper surveys the literature, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade (and liberalization), and efforts to cooperate to achieve such liberalization through trade agreements. It concludes that there is increasing evidence that services liberalization is an important source of potential welfare gains, but relatively little research has been done that can inform the design of international cooperation-both trade agreements and development assistance-so as to more effectively promote development objectives.
Publisher: World Bank Publications
ISBN:
Category : Acuerdos comerciales
Languages : en
Pages : 62
Book Description
Abstract: Since the mid 1980s a substantial amount of research has been undertaken on trade in services. Much of this is inspired by the World Trade Organization or regional trade agreements, especially the European Union, but an increasing number of papers focus on the impacts of services sector liberalization. This paper surveys the literature, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade (and liberalization), and efforts to cooperate to achieve such liberalization through trade agreements. It concludes that there is increasing evidence that services liberalization is an important source of potential welfare gains, but relatively little research has been done that can inform the design of international cooperation-both trade agreements and development assistance-so as to more effectively promote development objectives.
Services Trade and Growth
Author: Aaditya Mattoo
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 38
Book Description
Abstract: The competitiveness of firms in open economies is increasingly determined by access to low-cost and high-quality producer services - telecommunications, transport and distribution services, financial intermediation, etc. This paper discusses the role of services in economic growth, focusing in particular on channels through which openness to trade in services may increase productivity at the level of the economy as a whole, industries and the firm. The authors explore what recent empirical work suggests could be done to enhance comparative advantage in the production and export of services and how to design policy reforms to open services markets to greater foreign participation in a way that ensures not just greater efficiency but also greater equity in terms of access to services.
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 38
Book Description
Abstract: The competitiveness of firms in open economies is increasingly determined by access to low-cost and high-quality producer services - telecommunications, transport and distribution services, financial intermediation, etc. This paper discusses the role of services in economic growth, focusing in particular on channels through which openness to trade in services may increase productivity at the level of the economy as a whole, industries and the firm. The authors explore what recent empirical work suggests could be done to enhance comparative advantage in the production and export of services and how to design policy reforms to open services markets to greater foreign participation in a way that ensures not just greater efficiency but also greater equity in terms of access to services.
Foreign Direct Investment and Development
Author: Theodore Moran
Publisher: Columbia University Press
ISBN: 0881326240
Category : Business & Economics
Languages : en
Pages : 183
Book Description
This volume is the culmination of Institute investigations on the relationship between foreign direct investment (FDI) and development. Today, more than one-third of world trade takes place in the form of intrafirm transactions—that is, trade among the various parts of the same corporate network spread across borders—and the bulk of technology is transferred within the confines of integrated international production systems. This means that FDI and the operations of multinational corporations have become central to the world economy at large. Nowhere is this more important than for developing countries. But as Theodore Moran argues in this new volume, FDI is not a single phenomenon. FDI has such different impacts in the extractive sector, infrastructure, manufacturing and assembly, and services—and presents such distinctive policy challenges—that each broad category of FDI must be treated on its own terms. Indeed, past studies that have aggregated all FDI flows together to try to find some unique relationship to host-country growth or welfare have led to unreliable substantive findings and, sometimes, mistaken policy conclusions. Moran examines each of the principal forms of FDI, extracts the best from previous analysis, and offers new findings and perspectives about how benefits from FDI in each sector can be enhanced and potential damages limited or eliminated.
Publisher: Columbia University Press
ISBN: 0881326240
Category : Business & Economics
Languages : en
Pages : 183
Book Description
This volume is the culmination of Institute investigations on the relationship between foreign direct investment (FDI) and development. Today, more than one-third of world trade takes place in the form of intrafirm transactions—that is, trade among the various parts of the same corporate network spread across borders—and the bulk of technology is transferred within the confines of integrated international production systems. This means that FDI and the operations of multinational corporations have become central to the world economy at large. Nowhere is this more important than for developing countries. But as Theodore Moran argues in this new volume, FDI is not a single phenomenon. FDI has such different impacts in the extractive sector, infrastructure, manufacturing and assembly, and services—and presents such distinctive policy challenges—that each broad category of FDI must be treated on its own terms. Indeed, past studies that have aggregated all FDI flows together to try to find some unique relationship to host-country growth or welfare have led to unreliable substantive findings and, sometimes, mistaken policy conclusions. Moran examines each of the principal forms of FDI, extracts the best from previous analysis, and offers new findings and perspectives about how benefits from FDI in each sector can be enhanced and potential damages limited or eliminated.
Interconnected Economies Benefiting from Global Value Chains
Author: OECD
Publisher: OECD Publishing
ISBN: 9264189564
Category :
Languages : en
Pages : 274
Book Description
This book examines how global value chains have evolved and the policy challenges they have created.
Publisher: OECD Publishing
ISBN: 9264189564
Category :
Languages : en
Pages : 274
Book Description
This book examines how global value chains have evolved and the policy challenges they have created.
Macroeconomic Performance in a Globalising Economy
Author: Robert Anderton
Publisher: Cambridge University Press
ISBN: 1139493825
Category : Business & Economics
Languages : en
Pages : 299
Book Description
The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the decade of almost unprecedented growth in international trade and financial market liberalisation that preceded it. This book shows how the international economy has become more connected via increased production, trade, capital flows and financial linkages. Using a variety of methodologies, including both panel econometrics and DSGE modelling, a team of experts from academia, central banks and the IMF examine how this increased globalisation has affected competitiveness, productivity, inflation and the labour market. This timely contribution to the globalisation literature provides a longer-term perspective while also evaluating some of the potential implications for policy makers, particularly from a European perspective.
Publisher: Cambridge University Press
ISBN: 1139493825
Category : Business & Economics
Languages : en
Pages : 299
Book Description
The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the decade of almost unprecedented growth in international trade and financial market liberalisation that preceded it. This book shows how the international economy has become more connected via increased production, trade, capital flows and financial linkages. Using a variety of methodologies, including both panel econometrics and DSGE modelling, a team of experts from academia, central banks and the IMF examine how this increased globalisation has affected competitiveness, productivity, inflation and the labour market. This timely contribution to the globalisation literature provides a longer-term perspective while also evaluating some of the potential implications for policy makers, particularly from a European perspective.