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Population-Ageing, Structural Change and Productivity Growth
2012
Social Science Research Network
We analyze the effects of offshoring in a multisector-growth-model where the sectors differ by TFP-growth. Our results imply that offshoring influences the long run growth rate of the economy along different channels and that the growth effects depend on the development of terms of trade and on whether low-productivity-growthactivities or high-productivity-growth-activities are offshored. Negative growth effects can arise provided that some dependencies exist between countries. Furthermore,
doi:10.2139/ssrn.2020284
fatcat:oezmejn5gragrovb7ahbog3s4u