Off-shoring, specialization and R&D
Bournakis, Ioannis 
ORCID: https://orcid.org/0000-0002-7065-9316, Vecchi, Michela ORCID: https://orcid.org/0000-0002-0129-6769 and Venturini, Francesco
(2018)
Off-shoring, specialization and R&D.
Review of Income and Wealth, 64
(1)
.
pp. 26-51.
ISSN 0034-6586
[Article]
(doi:10.1111/roiw.12239)
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Abstract
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.
| Item Type: | Article |
|---|---|
| Research Areas: | A. > Business School > Economics |
| Item ID: | 19042 |
| Notes on copyright: | © 2016 The Author. Review of Income and Wealth published by John Wiley & Sons Ltd on behalf of International Association for Research in Income and Wealth.
This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made. |
| Useful Links: | |
| Depositing User: | Michela Vecchi |
| Date Deposited: | 18 Mar 2016 10:16 |
| Last Modified: | 04 Mar 2021 18:56 |
| URI: | https://eprints.mdx.ac.uk/id/eprint/19042 |
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