EconPapers    
Economics at your fingertips  
 

Offshoring and occupational specificity of human capital

Moritz Ritter ()

Review of Economic Dynamics, 2014, vol. 17, issue 4, 780-798

Abstract: I document that workers in newly tradable service occupations possess more occupation-specific human capital and are more highly educated than workers in previously tradable occupations. Motivated by this observation, I develop a dynamic equilibrium model with labor market frictions and specific human capital to study the labor adjustment process after a trade shock. When calibrated to match the increase in U.S. trade between 1990 and 2010, the model suggests that (1) output increases immediately after a trade shock and converges quickly to the steady state; (2) labor market institutions likely play a larger role in the adjustment process than specific human capital; (3) the short run distributional effects are small if the labor market is flexible, even in the presence of specific human capital. (Copyright: Elsevier)

Keywords: Offshoring; Sectoral labor reallocation; Human capital (search for similar items in EconPapers)
JEL-codes: E24 F16 J24 J62 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.1016/j.red.2013.12.002
Access to full texts is restricted to ScienceDirect subscribers and institutional members. See http://www.sciencedirect.com/ for details.

Related works:
Software Item: Code and data files for "Offshoring and Occupational Specificity of Human Capital" (2013) Downloads
Working Paper: Offshoring and Occupational Specificity of Human Capital (2012) Downloads
Working Paper: Offshoring and Occupational Specificity of Human Capital (2009) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:issued:11-147

Ordering information: This journal article can be ordered from
https://www.economic ... ription-information/

DOI: 10.1016/j.red.2013.12.002

Access Statistics for this article

Review of Economic Dynamics is currently edited by Loukas Karabarbounis

More articles in Review of Economic Dynamics from Elsevier for the Society for Economic Dynamics Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().

 
Page updated 2020-11-12
Handle: RePEc:red:issued:11-147