The Impacts of Offshoring on Productivity: Evidence in Korean Manufacturing
0
조회
0
다운로드
6
인용
0
참고문헌
키워드
초록
This paper estimates the effects of materials and services offshoring onproductivity in the Korean manufacturing industries from 2000 to 2009 using panelgeneralized method of moments. The production function has been employedin order to estimate the impact of both materials and services offshoring onindustry-level productivity. The empirical results show that service offshoring hasa significant positive effect on labor productivity, while materials offshoring hasnon-significant effect on labor productivity in Korean manufacturing. However,there is not enough evidence to suggest that total factor productivity ofmanufacturing sectors in Korea benefited from both materials and servicesoffshoring. In particular, a positive link between trade specialization and productivityis non-significant in the Korean manufacturing industries over the sample period.
Abstract
This paper estimates the effects of materials and services offshoring onproductivity in the Korean manufacturing industries from 2000 to 2009 using panelgeneralized method of moments. The production function has been employedin order to estimate the impact of both materials and services offshoring onindustry-level productivity. The empirical results show that service offshoring hasa significant positive effect on labor productivity, while materials offshoring hasnon-significant effect on labor productivity in Korean manufacturing. However,there is not enough evidence to suggest that total factor productivity ofmanufacturing sectors in Korea benefited from both materials and servicesoffshoring. In particular, a positive link between trade specialization and productivityis non-significant in the Korean manufacturing industries over the sample period.
참고문헌 (27)
- Amiti, M, "Fear of service outsoucing: is it justified", Economic Policy, 20, pp.307~347 (2005)
- Amiti, M, "Service offshoring, productivity: evidence from the US", The World Economy, 32, pp.203~220 (2009)
- Arellano, M, "Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations", Review of Economic Studies, 58, pp.277~297 (1991)
- Blundell, R, "Initial conditions and moment restraints in dynamic panel data models", Journal of Econometrics, 87, pp.115~143 (1998)
- Chongvilaivan, A, "Outsourcing, labour productivity and wage inequality in the US: a primal approach", Applied Economics, 43, pp.487~502 (2011)
- Eggar, H, "International outsourcing and the productivity of low-skilled labor in the EU", Economic Inquiry, 44, pp.98~108 (2006)
- Farinas, J.C, "Assesing the impact of domestic outsourcing and offshoring on productivity at the firm level", Applied Economics, 46, pp.1814~1828 (2014)
- Feenstra, R.C, "Globalization, outsourcing, and wage inequality", American Economic Review, 86, pp.240~245 (1996)
- Feenstra, R.C, "The impact of outsourcing and hightechnology capital on wages: estimates for the United States, 1979-1990", The Quarterly Journal of Economic, 114, pp.907~940 (1999)
- Girma, S, "Outsourcing, foreign ownership, and productivity:evidence from UK establishment-level data", Review of International Economics, 12, pp.817~813 (2004)
- Gorg, H, "Productivity effect of international outsourcing: evidence from plant-level data", Canadian Journal of Economics, 41, pp.670~688 (2008)
- Grubel, H.G, "Intra-Industry Trade: The Theory and Measurement of International Trade in Differentiated Products" (1975), Wiley
- Hertveldt, B, "Offshoring and the skill structure of labour demand in Belgium", De Economist, 161, pp.399~420 (2013)
- Hijzen, A, "Does offshoring pay? Firm-level evidence from Japan", Economic Inquiry, 48, pp.880~895 (2010)
- Ito, B, "Offshore outsourcing and productivity:evidence from Japanese firm-level data disaggregated by tasks", Review of International Economics, 19, pp.555~567 (2011)
- Jabbour, L, "Offshoring and firm performance: evidence from French manufacturing industry", The World Economy, 33, pp.507~524 (2010)
- Kang, M, "Regional production network, service offshoring, and productivity in East Asia", Japan and World Economy, 22, pp.206~216 (2010)
- Kasahara, H, "Does the use of imported intermediates increases productivity? Plant-level evidence", Journal of Development Economic, 87, pp.106~118 (2008)
- Lin, S, "Outsoucing and productivity: Evidence from Korean data", Journal of Asian Economics, 23, pp.39~49 (2012)
- Michel, B, "Does offshoring of materials and business services affect employment? Evidence from a small open economy", Applied Economics, 44, pp.229~251 (2012)
- The Internationalization of Production, International Outsourcing and Employment in the OECD, "Molnar, M", OECD, ~, pp.OECD Economic Department Working Papers, No. 561 (2007)
- Productivity Impacts of Offshoring and Outsourcing: A Reviews, "Olsen, K.B", OECD, ~, pp.OECD STI Working Paper, NO. 1 (2006)
- Thangavelu, S.M, "The impact of material and service outsourcing on employment in Thailand’s manufacturing industries", Applied Economics, 43, pp.3931~3944 (2011)
- Wernerheim, C.M, "Does services offshoring boost productivity? Some Canadian evidence on causation", The Service Industries Journal, 32(4), pp.551~569 (2012)
- Wernerheim, C.M, "Productivity performance and the international outsourcing of services by Canadian industry", The International Trade Journal, 26, pp.413~435 (2012)
- Yoon, S.-C, "The impacts of the global economic crisis on international trade", Journal of International Trade and Insurance, 11(4), pp.1~22 (2010)
- 윤상철, "Offshoring and Productivity in the Korean Service Industries", 무역연구, 9(5), pp.25~40 (2013), 한국무역연구원