Modeling the offshoring of white-collar services: from comparative advantage to the new theories of trade and FDI
"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 fo...
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11827 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | "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. |
Beschreibung: | 38 S. |
Internformat
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institution | BVB |
language | English |
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spelling | Markusen, James R. 1948- Verfasser (DE-588)124997031 aut Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI James Markusen Cambridge, Mass. National Bureau of Economic Research 2005 38 S. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11827 "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. Mathematisches Modell International trade Mathematical models Investments, Foreign Mathematical models Offshore outsourcing Mathematical models White collar workers Effect of technological innovations on Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11827 (DE-604)BV002801238 11827 http://papers.nber.org/papers/w11827.pdf kostenfrei Volltext |
spellingShingle | Markusen, James R. 1948- Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Mathematisches Modell International trade Mathematical models Investments, Foreign Mathematical models Offshore outsourcing Mathematical models White collar workers Effect of technological innovations on |
title | Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI |
title_auth | Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI |
title_exact_search | Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI |
title_exact_search_txtP | Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI |
title_full | Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI James Markusen |
title_fullStr | Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI James Markusen |
title_full_unstemmed | Modeling the offshoring of white-collar services from comparative advantage to the new theories of trade and FDI James Markusen |
title_short | Modeling the offshoring of white-collar services |
title_sort | modeling the offshoring of white collar services from comparative advantage to the new theories of trade and fdi |
title_sub | from comparative advantage to the new theories of trade and FDI |
topic | Mathematisches Modell International trade Mathematical models Investments, Foreign Mathematical models Offshore outsourcing Mathematical models White collar workers Effect of technological innovations on |
topic_facet | Mathematisches Modell International trade Mathematical models Investments, Foreign Mathematical models Offshore outsourcing Mathematical models White collar workers Effect of technological innovations on |
url | http://papers.nber.org/papers/w11827.pdf |
volume_link | (DE-604)BV002801238 |
work_keys_str_mv | AT markusenjamesr modelingtheoffshoringofwhitecollarservicesfromcomparativeadvantagetothenewtheoriesoftradeandfdi |