Offshoring, employment, and aggregate demand

被引：0
作者：
Enno Schröder
机构：
[1] Delft University of Technology,Department Values, Technology and Innovation
来源：
Journal of Evolutionary Economics | 2020年 / 30卷
关键词：
Offshoring; Global value chains; Trade flows; Labor demand; Unemployment; Aggregate demand; Germany; F16; F41; J23;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
The article uses a demand-constrained small-open-economy model in the tradition of Keynes and Kalecki to study the effects of offshoring on aggregate demand and domestic employment. Offshoring is represented as labor-saving import-using technical change. The results depend on the behavior of the markup on unit costs. If higher markups absorb the competitiveness gain, the scale effect of labor demand is negative, and offshoring unambiguously reduces domestic demand and employment. If the markup remains constant, the net effect of offshoring on domestic demand and employment is ambiguous; it depends crucially on the price elasticity of exports.
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页码：179 / 204
页数：25
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