Relocating the value chain
offshoring and agglomeration in the global economy
Edición de la obra Relocating the value chain
| Autor | Richard E. Baldwin |
|---|---|
| Editorial | National Bureau of Economic Research |
| Fecha de publicación | 2010 |
| Lugar | Cambridge, MA |
| Idioma | inglés |
| Formato | Electronic resource |
| LCCN | 2011655845 |
| Serie | NBER working paper series -- working paper 16611 · Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16611. |
| Número de Cutter | B182r |
"Fragmentation of stages of the production process is determined by international cost differences and by the benefits of co-location of related stages. The interaction between these forces depends on the technological relationships between these stages. This paper looks at both cost minimising and equilibrium offshoring under different technological configurations. Reductions in trade costs beyond a threshold can result in discontinuous changes in location, with relocation of a wide range of production stages. There can be overshooting (off-shoring that is reversed as costs fall further) and equilibrium may involve less off-shoring than is efficient"--National Bureau of Economic Research web site.