Bailing outsourcing |
| |
Authors: | Travis Ng |
| |
Institution: | The Chinese University of Hong Kong, Hong Kong |
| |
Abstract: | In a model of organizational choice, this paper shows that in face of an increasingly expected bailout from the government, outsourcing input production to an offshore location is more likely an optimal choice for a firm. Such a response is consistent with the three trends in the US manufacturing sector after the crisis: (a) employment keeps declining; (b) massive layoffs have not stopped; and (c) imported intermediate inputs have been gaining importance. |
| |
Keywords: | D40 L15 L51 |
本文献已被 ScienceDirect 等数据库收录! |
|