Bericht

Reshoring: A study on firm characteristics and influencing factors

Among multinational manufacturers, firms engaged in reshoring are typically smaller, laborintensive, less productive, and less experienced in overseas production. Moreover, despite receiving sizable government subsidies, the domestic investments by reshorers yield smaller employment impacts compared to similar-sized domesticonly counterparts. Therefore, incentivizing domestic investment for all firms, irrespective of their repatriation, would be more effective in meeting objectives such as stabilizing supply chains, maintaining domestic manufacturing competitiveness, and boosting employment. The solution to the challenges posed by the excessive globalization of production lies in localizing production activities rather than the firms themselves.

Language
Englisch

Bibliographic citation
Series: KDI Focus ; No. 127

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Chung, Sunghoon
Event
Veröffentlichung
(who)
Korea Development Institute (KDI)
(where)
Sejong
(when)
2023

DOI
doi:10.22740/kdi.focus.e.2023.127
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Bericht

Associated

  • Chung, Sunghoon
  • Korea Development Institute (KDI)

Time of origin

  • 2023

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