Dynamic Gains from U.S. Services Offshoring: A Critical View

Financing for Overcoming Economic Insecurity

“…Note that the Source: Authors' illustration. Based on Amiti and Wei (2006) and Milberg et al (2007). Notes: YD = demand for output and LD = demand for labor.…”

“…Most firm-level studies find that offshoring occurs when cost reductions can be achieved and are at least 40 percent of the labor cost. 16 Focusing on the data for , Milberg et al (2007 find that offshoring intensity is positively associated with sectoral profit shares in the United States. A number of recent papers have taken up the question of trade and the profit share at the aggregate level.…”

Deslocalizaciones internacionales: impacto sobre la estructura manufacturera española (1995-2005)

“…ii) Dentro de las líneas teóricas que tratan de explicar los efectos inducidos por las DI, abundan los enfoques de juego de suma positiva o "todos ganan" (Luengo, 2009). Milberg et al (2007) distinguen entre dos tipos de planteamientos: aquellos que hacen énfasis en las ganancias estáticas, vinculados a las aportaciones realizadas desde la teoría del comercio internacional, y otros que se centran en las ventajas dinámicas que se derivan de la reubicación espacial de la producción.…”

Is the Sky Falling?:Questioning the Conventional Wisdom on the U.S. Trade and Budget Deficits

“…It also reflects U.S. firms' dramatic move to outsource production, mainly in low-skill sectors but increasingly in high-skill sectors, too. The resulting job loss and softening demand for U.S. workers has contributed to rising income inequality in the United States (Milberg et al 2007). Another undesirable feature of the U.S. current account deficit is that it drains capital from global markets.…”