Offshoring and specialisation: are industries moving?
Working paper
Bournakis, I., Vecchi, M. and Venturini, F. 2011. Offshoring and specialisation: are industries moving? Royal Economic Society.
| Type | Working paper |
|---|---|
| Title | Offshoring and specialisation: are industries moving? |
| Authors | Bournakis, I., Vecchi, M. and Venturini, F. |
| 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. |
| Publisher | Royal Economic Society |
| Publication process dates | |
| Deposited | 06 Feb 2012 |
| Output status | Published |
| Language | English |
| Institution name | Middlesex University |
| Department name | Economics and Statistics |
| File |
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