Offshoring as a survival strategy: evidence from manufacturing firms in Belgium
Volume: 39, Issue: 8, Pages: 1261 - 1277
Published: May 29, 2008
Abstract
This paper analyzes the impact of globalization on the exit behavior of manufacturing firms in Belgium. Imports from low-wage countries are found to exert a strong competitive effect, which raises the likelihood of exit of firms in industries where intra-industry trade is relatively low. Similar to import competition, growing penetration by multinational firms in the industry has an equally strong competitive impact on the likelihood of exit of...
Paper Details
Title
Offshoring as a survival strategy: evidence from manufacturing firms in Belgium
Published Date
May 29, 2008
Volume
39
Issue
8
Pages
1261 - 1277
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