Global Innovation Races, Offshoring and Wage Inequality
نویسندگان
چکیده
منابع مشابه
Innovation, Firms and Wage Inequality∗
This paper uses matched employee-employer data from the UK that we augment with information on R&D expenditures, to analyze the relationship between innovativeness and average wage income across firms. We first show that more R&D intensive firms pay higher wages on average. Our second finding is that the premium to working in more R&D intensive firms seems to be higher for low-skilled workers t...
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A salient feature of globalization in recent decades is the emergence of “global supply chains” in which different countries specialize in different stages of a sequential production process. In Arnaud Costinot, Jonathan Vogel and Su Wang (2011), CVW hereafter, we have developed a simple theory of trade with sequential production to shed light on how global supply chains affect the interdepende...
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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 pla...
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We document three striking facts that pertain to the impact of globalization on wage inequality in China: (a) the college wage premium in manufacturing stayed flat before China’s accession into the WTO in 2001, but rose dramatically thereafter; (b) since the accession, the growth in processing exports of foreign-owned firms has far surpassed the growth of joint ventures and Chinese-owned firms;...
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The paper investigates the relationship between offshoring, wages, and the ease with which individuals’ tasks can be offshored. Our analysis relates to recent theoretical contributions arguing that there is only a loose relationship between the suitability of a task for offshoring and the associated skill level. Accordingly, wage effects of offshoring can be very heterogeneous within skill grou...
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ژورنال
عنوان ژورنال: Review of International Economics
سال: 2015
ISSN: 0965-7576
DOI: 10.1111/roie.12202