Arbeitspapier
The elasticity of substitution and the sector bias of International Outsourcing: Solving the puzzle
Considering the sector bias of International Outsourcing within a 2x2 framework, four different scenarios appear. Each industry can either relocate its high or its low skill intensive production fragment. Traditionally, depending on the superiority of a wage vs. an outsourcing-effect, general equilibrium effects of two scenarios are assumed to be ambiguous. Applying a formal duality approach and a calibration exercise for the German economy, this contribution shows that a focus on the elasticity of substitution can solve the puzzle. With the elasticity exceeding a critical value, unambiguous results in all four scenarios appear, supporting the sector bias of International Outsourcing.
- Sprache
-
Englisch
- Erschienen in
-
Series: Diskussionspapier ; No. 88
- Klassifikation
-
Wirtschaft
Trade and Labor Market Interactions
Open Economy Macroeconomics
Aggregate Factor Income Distribution
- Thema
-
International Outsourcing
Sector Bias
Elasticity of Substitution
Offshoring
Outsourcing
Auslandsproduktion
Sektorale Beschäftigungsstruktur
Hochqualifizierte Arbeitskräfte
Ungelernte Arbeitskräfte
Substitutionselastizität
Theorie
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Horgos, Daniel
- Ereignis
-
Veröffentlichung
- (wer)
-
Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
- (wo)
-
Hamburg
- (wann)
-
2009
- Handle
- URN
-
urn:nbn:de:gbv:705-opus-19193
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Horgos, Daniel
- Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
Entstanden
- 2009
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