High-Tech Outsourcing: A benefit-cost Framework

Cameron Gordon, Alan Zimmerman

Research output: Contribution to journalArticle

Abstract

Is international outsourcing “efficient” or merely a redistribution of resources from one economic sector to another? This paper looks at this question from the perspectives of: (1) economic theory, which abstracts away from institutions and towards generalized incentives; (2) management theory, which focuses more on institutional issues that economic theory tends to ignore; and (3) a combined perspective within a benefit-cost analysis framework. The paper argues that an evaluation of outsourcing's impacts requires determining how the practice affects overall size of economic output and equity across sectors and countries. A benefit-cost template is developed for considering these questions more systematically
Original languageEnglish
Pages (from-to)97-105
Number of pages9
JournalThe American Economist
Volume51
Issue number1
Publication statusPublished - 2007

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    Gordon, C., & Zimmerman, A. (2007). High-Tech Outsourcing: A benefit-cost Framework. The American Economist, 51(1), 97-105.