Global sourcing decisions and firm productivity evidence from Spain
We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm's choice is driven by a hold-up problem caused by lack o...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Munich
Univ., Center for Economic Studies
2009
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Schriftenreihe: | CESifo working paper series Trade policy
2903 |
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Zusammenfassung: | We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm's choice is driven by a hold-up problem caused by lack of enforceable contracts. We use Spanish firm-level data to examine the productivity premia associated with the different sourcing strategies. We find strong empirical support for the predictions of the model. |
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Beschreibung: | Literaturverz. S.32-33 |
Beschreibung: | 38 S. graph. Darst., Tab. |