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postgraduate thesis: Two essays in environmental economics and offshoring

TitleTwo essays in environmental economics and offshoring
Authors
Advisors
Advisor(s):Qiu, LD
Issue Date2013
PublisherThe University of Hong Kong (Pokfulam, Hong Kong)
Citation
Zhou, M. [周默涵]. (2013). Two essays in environmental economics and offshoring. (Thesis). University of Hong Kong, Pokfulam, Hong Kong SAR. Retrieved from http://dx.doi.org/10.5353/th_b5089971
AbstractThis dissertation consists of two independent studies. The first study belongs to the field of environmental economics and the second is on international trade, with a focus on offshoring. In the first study, we investigate firm investment in advanced abatement technology under a heterogeneous firms framework. In contrast to existing literature, we find that the optimal level of investment in advanced abatement technology is an inverted U-shaped function of firm productivity. More-productive firms have superior environmental performance, in the sense that they have lower emission per unit of output. Comparative statics shows that in response to a tighter environmental regulation, more-productive firms tend to raise their investment in advanced abatement technology while less-productive firms do the opposite. Key theoretical predictions are confirmed by Chinese data. The second study analyzes the decision of a multinational firm from a developed country to slice a production chain to allocate different tasks of the production chain globally. The process involves a wide range of tasks that varies from very routine jobs to very research and development (R&D) intensive work. We find that under certain conditions, a drop in offshoring costs (1) leads to more slicing (an increase in the length of production chain) and more offshoring, (2) stimulates R&D, and (3) raises employment in the developed country.
DegreeDoctor of Philosophy
SubjectEnvironmental economics.
Offshore outsourcing.
Dept/ProgramEconomics and Finance
Persistent Identifierhttp://hdl.handle.net/10722/192826

 

DC FieldValueLanguage
dc.contributor.advisorQiu, LD-
dc.contributor.authorZhou, Mohan.-
dc.contributor.author周默涵.-
dc.date.accessioned2013-11-24T02:01:00Z-
dc.date.available2013-11-24T02:01:00Z-
dc.date.issued2013-
dc.identifier.citationZhou, M. [周默涵]. (2013). Two essays in environmental economics and offshoring. (Thesis). University of Hong Kong, Pokfulam, Hong Kong SAR. Retrieved from http://dx.doi.org/10.5353/th_b5089971-
dc.identifier.urihttp://hdl.handle.net/10722/192826-
dc.description.abstractThis dissertation consists of two independent studies. The first study belongs to the field of environmental economics and the second is on international trade, with a focus on offshoring. In the first study, we investigate firm investment in advanced abatement technology under a heterogeneous firms framework. In contrast to existing literature, we find that the optimal level of investment in advanced abatement technology is an inverted U-shaped function of firm productivity. More-productive firms have superior environmental performance, in the sense that they have lower emission per unit of output. Comparative statics shows that in response to a tighter environmental regulation, more-productive firms tend to raise their investment in advanced abatement technology while less-productive firms do the opposite. Key theoretical predictions are confirmed by Chinese data. The second study analyzes the decision of a multinational firm from a developed country to slice a production chain to allocate different tasks of the production chain globally. The process involves a wide range of tasks that varies from very routine jobs to very research and development (R&D) intensive work. We find that under certain conditions, a drop in offshoring costs (1) leads to more slicing (an increase in the length of production chain) and more offshoring, (2) stimulates R&D, and (3) raises employment in the developed country.-
dc.languageeng-
dc.publisherThe University of Hong Kong (Pokfulam, Hong Kong)-
dc.relation.ispartofHKU Theses Online (HKUTO)-
dc.rightsThe author retains all proprietary rights, (such as patent rights) and the right to use in future works.-
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.source.urihttp://hub.hku.hk/bib/B50899715-
dc.subject.lcshEnvironmental economics.-
dc.subject.lcshOffshore outsourcing.-
dc.titleTwo essays in environmental economics and offshoring-
dc.typePG_Thesis-
dc.identifier.hkulb5089971-
dc.description.thesisnameDoctor of Philosophy-
dc.description.thesislevelDoctoral-
dc.description.thesisdisciplineEconomics and Finance-
dc.description.naturepublished_or_final_version-
dc.identifier.doi10.5353/th_b5089971-
dc.date.hkucongregation2013-

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