期刊名称:International Journal of Economics and Finance
印刷版ISSN:1916-971X
电子版ISSN:1916-9728
出版年度:2017
卷号:9
期号:6
页码:82
DOI:10.5539/ijef.v9n6p82
出版社:Canadian Center of Science and Education
摘要:This study focuses on measuring the extent of international outsourcing across Singapore manufacturing sector and the impact on domestic wages of workers. Based on the framework of Feenstra and Hanson (1999), this study measured the narrow and wide outsourcing from the overseas intermediate imports. In estimating the impact of international outsourcing on wage, this study reviews the model developed by Geishecker and Görg (2008) and modifies the same by incorporating the parametric stability approach of Hamilton’s (1989) Markov Switching model. Results after incorporating the nonlinearity, indicates that outsourcing dynamics can be better understood through modified framework developed.