Offshoring and specialisation: are industries moving?

Bournakis, Ioannis ORCID: https://orcid.org/0000-0002-7065-9316, Vecchi, Michela ORCID: https://orcid.org/0000-0002-0129-6769 and Venturini, Francesco (2011) Offshoring and specialisation: are industries moving? Working Paper. Royal Economic Society. . [Monograph]

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Abstract

This paper investigates the impact of off-shoring on specialisation via its effect on national endowments and productivity. We use different definition of off-shoring to properly capture international fragmentation of production, while controlling for countries‟ stocks of R&D and ICT capital. Using industry data for the US, Japan and Europe we show that while off-shoring of materials can benefit a wide range of industries, service and intra-industry off-shoring can decrease specialisation in high-tech industry, both within manufacturing and services. This effect can be compensated with increasing R&D investments.

Item Type: Monograph (Working Paper)
Research Areas: A. > Business School
A. > Business School > Economics
Item ID: 8421
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Depositing User: Ioannis Bournakis
Date Deposited: 06 Feb 2012 07:05
Last Modified: 07 Feb 2021 16:36
URI: https://eprints.mdx.ac.uk/id/eprint/8421

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