
A highly successful workshop was held in the University of Dundee on 'Outsourcing and FDI: Theory, Evidence and Policy'.
The nature of the internationalisation activity of firms is undergoing profound changes as a result of technical progress and the liberalisation of trade and investment flows. Key manifestations of these developments include the growth of multinational activity and the fragmentation of vertical production chains across national borders.
The determinants of the modes of internationalisation of firms and their implications for firms' performance and, more broadly, for regional employment and countries' competitiveness have received growing attention not only within academia but also in policy and public debates.
This workshop brought together leading researchers in these areas and took stock of the state of the literature on these issues and was attended by Scottish Government economists.
The workshop was held under the auspices of the Macroeconomics and Financial Linkages programme of the Scottish Institute for Research in Economics.
| 13.30 | Registration |
| 14.00 | Welcome |
| 14.15-15.45 | Session 1 Greasing the Wheels of International Commerce: How Services Facilitate Firms' International Sourcing Peter Debaere, Holger Gorg, and Horst Raff Economising, Strategising and the Decision to Outsource Dermot Leahy and Catia Montagna |
| 15.45-16.15 | Coffee-Break |
| 16.15-17.45 | Session 2 The Role of MNEs' Financial Advantage in Shaping FDI: Empirical Evidence on Some Paradoxical Implications Rodolphe Desbordes and Shang-Jin Wei The Dilemma of Unions: Local Objectives vs. Global Bargaining Carsten Eckel and Hartmut Egger |
| 19.30 | Dinner |
| 9.15-10.45 | Session 3 Greenfield FDI and Skill Upgrading Ron Davies and Rodolphe Desbordes The Internationalization Process of Firms: From Exports to FDI Paola Conconi, Andre Sapir and Maurizio Zanardi |
| 10.45-11.15 | Coffee-Break |
| 11.15-12.45 | Session 4 Asymmetric Trade Costs, Trade Imbalances, and the World Income Distribution Peter Egger and Nigai Sergey True Profit Shifting David Dreyer Lassen, Soren Bo Nielsen and Pascalis Raimondos-Moller |
| 12.45-14.15 | Lunch |
| 2.15-15.45 | Session 5 A Race beyond the Bottom: The Nature of Bidding for a Firm T. Furosawa and K. Hori and Ian Wooton Tax Competition and Hidden Tax Discrimination: Firm-Level Evidence in Europe Celine Azemar |
| 15.45-16.15 | Coffee-Break |
| 16.15-17.45 | Session 6 The contribution of FDI to productivity growth in Britain, 1997-2008 Richard Harris Selection Effects with Heterogeneous Firms Monika Mrazova and Peter Neary |