production possibility curve
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... nation are quickly climbing up the learning curve. . Spending on drone procurement is steadily incre...This would open the possibility of having up to eight stealthy drones available on... operational capability, and the first production cargo drones will be fielded. Intelligence-gatheri...
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This paper analyses a partial equilibrium outsourcing model with Cournot competition in intermediate good production. Final production is located in Western Europe, whereas the intermediate good can be manufactured by a Western (outsourcing) or Eastern European supplier (offshore outsourcing). The paper asks the question how changes in production costs, in particular wages, affect labor input in the two regions in the presence of Cournot competition. The main results are: higher production costs in one region reduce intermediate good production in both regions leading to a substitution effect between high- and low-skilled labor intensive inputs rather than between Eastern and Western low-skilled labor intensive inputs. The sensitivity of outsourcing activities to production cost changes...
... communication technology opening the possibility of outsourcing call centres, software programming ...The curves are the graphical representations of the reaction ...
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This paper analyses the potential for productivity spillovers from inward foreign direct investment using administrative panel data on firms for Hungary. We hypothesise that the potential for spillovers is related to observable characteristics of the production process of foreign affiliates, and evaluate this empirically. We further explore the role of competition in explaining productivity spillovers within industries. Our empirical analysis yields a number of important findings. First, we show that the potential for spillovers is importantly related to the production technology of the sectors and foreign affiliates. Firms that relocate labor-intensive activities to Hungary to exploit differences in labor costs are unlikely to generate productivity spillovers, while spillovers increase...
...The possibility of productivity spillovers arises because multinat... and forces them up their average cost curve, reducing productivity. They argue that these effe...
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Any Swiss-US free trade agreement should have an investment chapter because bilateral foreign investment is the bedrock of Swiss-US commercial relations. A closer look at investment policies and other issues relevant for investors reveals the value-added of an investment chapter. The mutual benefits of an investment chapter flow from high standards of investment protection, a standstill in discrimination at the sub-federal level, and zero tariffs on imports. Investment protection would be improved by access to the international investor-to-state dispute settlement system of ICSID. An appellate mechanism for this dispute settlement system would not be necessary. An investment chapter and investment-related disciplines with high standards would bring positive welfare effects for both econ...
... investment law: Falling behind the learning curve of the latest phase of globalisation. Since the fa...A free trade agreement offers the possibility of giving investors access to international arbitr... lead to more FDI where parts of the production must be done close to the customers. Market integr...
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...However, it may have entered initial production by the time these lines are read. The 'XR' in the ... Ripple Effect is working on the possibility of fitting a clip-on night device. The new round i... requires going all the way up the learning curve again). This novel approach is the forte of the Co...