Offshoring and specialisation: are industries moving?
Bournakis, Ioannis, 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.
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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) |
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Research Areas: | A. > Business School A. > Business School > Economics |
Item ID: | 8421 |
Useful Links: | |
Depositing User: | Ioannis Bournakis |
Date Deposited: | 06 Feb 2012 07:05 |
Last Modified: | 13 Oct 2019 03:13 |
URI: | https://eprints.mdx.ac.uk/id/eprint/8421 |
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