The Production Life Cycle

被引:5
作者
Li, Ben G. [1 ,3 ]
Liu, Yibei [2 ]
机构
[1] Boston Coll, Chestnut Hill, MA 02467 USA
[2] Yale NUS Coll, Singapore 138610, Singapore
[3] Deakin Business Sch, Burwood, Vic 3125, Australia
关键词
Industrialization; learning-by-doing; offshoring; product cycle; COMPARATIVE ADVANTAGE; INTERNATIONAL-TRADE; VERTICAL SPECIALIZATION; MULTISTAGE PRODUCTION; ECONOMIC-DEVELOPMENT; TECHNOLOGY-TRANSFER; QUALITY LADDERS; WORLD-TRADE; GROWTH; MODEL;
D O I
10.1111/sjoe.12255
中图分类号
F [经济];
学科分类号
02 ;
摘要
Tasks in production have different dynamics from individuals products. We build a general equilibrium model where three forces (i.e., offshoring, learning, and wage) interact to determine how production fragmentation evolves over time. We show that the production process follows a life cycle: its fragmentation emerges, deepens, and converges. Our model is stylized and versatile, and it can be used to tractably characterize the loci of global output, productivity, welfare, and value-added distribution as production fragmentation progresses.
引用
收藏
页码:1139 / 1170
页数:32
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