International Outsourcing, Unemployment and Welfare: A Re-Examination

This paper explores the ramifications of international outsourcing on unemployment, income distribution and welfare, which is an important but yet unresolved issue. Using the well-known Harris-Todaro (1970) model of sector-specific unemployment, it shows that the effects of outsourcing on employmen...

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Bibliographic Details
Main Authors: Jai-Young Choi, Eden S. H. Yu
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2019-09-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.EAER.2019.23.3.363