Jai-Young Choi

About Jai-Young Choi

Jai-Young Choi is Professor of Economics and the Jerry and Sheila Reese Endowed Faculty Scholar in Business, Lamar University, Beaumont, Texas, United States.
Author Archive | Jai-Young Choi
Economics, Environment, Industry and trade

International outsourcing, environmental costs, and welfare

International outsourcing, environmental costs, and welfare
In recent decades, amid the increasing trend of globalization, it has become prevalent in world trade that firms in some countries outsource intermediate and/or finished goods or services from other firms in foreign countries for the purpose of lowering production costs and increasing production efficiency.