Technological Changes, Offshoring, and the Labor Share
نویسندگان
چکیده
منابع مشابه
Offshoring and labor income risk : An empirical
This paper analyses how increased offshoring impacts on labor income risk. It is therefore distinct from a large number of studies explaining the level effects of globalization on the labor market in that it takes a look at effects on the variability of incomes. It provides an assessment that directly connects labor income risk and offshoring trends in a panel setting at the industry level. Imp...
متن کاملInnovative Technological Paradigms for Corporate Offshoring
Internet technology has impelled us to develop faith in the modern practices of business, commerce, and trade. Offshoring has been viewed as a global phenomenon on the economic frontier. While new technologies need to be framed, stopgap arrangements in the form of transient solutions to upgrade the current systems are also desired. Newer regulations and multi-jurisdictional compliance have prof...
متن کاملLabor Share and Technology Dynamics
In this paper we develop a theory on the joint dynamics of labor share and technology (measured as a Solow residual) at the business cycle frequency. Our main motivating fact is the overshooting property of the labor share: After a positive technology shock, the share of output that corresponds to labor falls temporarily but it quickly rises, at a higher level (in absolute terms) than the initi...
متن کاملOffshoring, unemployment, and wages: The role of labor market institutions
a r t i c l e i n f o It is shown that when wages are determined through collective bargaining, there is a non-monotonic relationship between the cost of offshoring and unemployment. Starting from a high cost of offshoring, a decrease in the cost of offshoring reduces unemployment first and then increases it. The non-monotonicity of unemployment in the cost of offshoring does not obtain if wage...
متن کاملThe impact of ICT-enabled offshoring announcements on share prices
Purpose To determine the impact of announcements regarding ICT-enabled offshoring on the share prices of public companies. Method/approach – The study is carried out by means of an event study. Findings The finding from this research is that investors do not tend to reward offshoring announcements. It is most likely that the value of the firm will be perceived as unchanged or if there is a reac...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: IMF Working Papers
سال: 2019
ISSN: 1018-5941
DOI: 10.5089/9781498316811.001