Pelegrín Solé, ÀngelsBolancé Losilla, Catalina2017-10-162017-10-162010https://hdl.handle.net/2445/116664This article examines firm characteristics associated with the probability of relocating part of the activity in a foreign country. Using manufacturing firms’ micro data for the 1999-2005 period, we find evidence that cost-cutting objectives are the main determinants for offshoring production, that firms with lower profits are more likely to undertake in-house offshoring, and that imports from low-wage countries increase the likelihood that part of the activity will be relocated. We also find that most offshoring firms are foreign – nearly 76% of the total.33 p.application/pdfengcc-by-nc-nd, (c) Pelegrín Solé et al., 2010http://creativecommons.org/licenses/by-nc-nd/3.0/es/Deslocalització industrialEmpresesIndústria manufactureraBusiness relocationBusiness enterprisesManufacturing industriesinfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/openAccess