Unemployment and welfare consequences of international outsourcing under monopolistic competition

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Richard A. Brecher; Zhiqi Chen; (2014)
  • Journal: Canadian Journal of Economics,volume 47,issue 2 May,pages540-554
  • Subject:
    • jel: jel:F16 | jel:F20

This paper challenges the conventional academic view that international outsourcing is just another form of gainful trade. Contrary to that view, we show that labourservice outsourcing can reduce the highwage country's welfare even when productmarket trade is beneficial... View more
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