Off-shoring, specialization and R&D
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Available under License Creative Commons Attribution Non-commercial No Derivatives.
This paper investigates whether off-shoring promotes technological specialization by reallocating resources towards high-tech industries and/or stimulating within industry R&D. Using data for the US, Japan and Europe, our results show that material off-shoring promotes high-tech specialization through input reallocation between sectors, while service off-shoring favours technologically advanced production by increasing within-industry productivity, mainly via its positive impact on R&D. Conversely, we find that the increasing fragmentation of core production tasks, captured by narrow off-shoring, has adverse effects on technological specialisation, which suggests that this type of off-shoring is mainly pursued for cost-reduction motives.
|Research Areas:||A. > Business School > Economics|
|Depositing User:||Michela Vecchi|
|Date Deposited:||18 Mar 2016 10:16|
|Last Modified:||06 Dec 2016 12:46|
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