The Production Life Cycle

B-Tier
Journal: Scandanavian Journal of Economics
Year: 2018
Volume: 120
Issue: 4
Pages: 1139-1170

Authors (2)

Ben G. Li (Boston College) Yibei Liu (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Tasks in production have different dynamics from individuals products. We build a general equilibrium model where three forces (i.e., offshoring, learning, and wage) interact to determine how production fragmentation evolves over time. We show that the production process follows a life cycle: its fragmentation emerges, deepens, and converges. Our model is stylized and versatile, and it can be used to tractably characterize the loci of global output, productivity, welfare, and value‐added distribution as production fragmentation progresses.

Technical Details

RePEc Handle
repec:bla:scandj:v:120:y:2018:i:4:p:1139-1170
Journal Field
General
Author Count
2
Added to Database
2026-01-25