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Globalization, Government Popularity, and the Great Skill Divide
Aksoy, Cevat G. - 2018
How does international trade affect the popularity of governments and leaders? We provide the first large-scale, systematic evidence that the divide between skilled and unskilled workers worldwide is producing corresponding differences in the response of political preferences to trade shocks....
Persistent link: https://www.econbiz.de/10012480715
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Globalization, Governance, and the Returns to Cross-Border Acquisitions
Ellis, Jesse - 2011
Using a sample of control cross-border acquisitions from 61 countries from 1990 to 2007, we find that acquirers from countries with better governance gain more from such acquisitions and their gains are higher when targets are from countries with worse governance. Other acquirer country...
Persistent link: https://www.econbiz.de/10012461981
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Ethnic Remoteness Reduces the Peace Dividend from Trade Access
Desmet, Klaus; Gomes, Joseph Flavian - National Bureau of Economic Research - 2023
This paper shows that ethnically remote locations do not reap the full peace dividend from increased market access. Exploiting the staggered implementation of the US-initiated Africa Growth and Opportunity Act (AGOA) and using high-resolution data on ethnic composition and violent conflict for...
Persistent link: https://www.econbiz.de/10013537756
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Cape Verde and Mozambique as Development Successes in West and Southern Africa
de Macedo, Jorge Braga - 2010
This paper applies an interpretation of how globalization and governance (G&G) interact with convergence given Cape Verde and Mozambique's particular geographical and historical contexts. We hold that development success under globalization entails, necessarily but not exclusively, positive...
Persistent link: https://www.econbiz.de/10012462105
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Thresholds in the Process of International Financial Integration
Kose, M. Ayhan - 2009
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10012463732
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Global Forces and Monetary Policy Effectiveness
Boivin, Jean - 2008
In this paper, we quantify the changes in the relationship between international forces and many key US macroeconomic variables over the 1984-2005 period, and analyze changes in the monetary policy transmission mechanism. We do so by estimating a Factor-Augmented VAR on a large set of US and...
Persistent link: https://www.econbiz.de/10012464911
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Better, Faster, Stronger : Global Innovation and Trade Liberalization
Coelli, Federica - 2016
This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 countries using international firm-level patent data. The empirical strategy exploits ex-ante differences in firms' exposure to countries and industries, allowing us to construct...
Persistent link: https://www.econbiz.de/10012456033
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Putting Global Governance in its Place
Rodrik, Dani - 2019
In a world economy that is highly integrated, most policies produce effects across the border. This is often believed … public good (GPG) and the second under "beggar-thy-neighbor" (BTN) policies. However, the world economy is not a global …
Persistent link: https://www.econbiz.de/10012480157
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Land, Labor and Globalization in the Pre-Industrial Third World
Williamson, Jeffrey G. - 2000
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …
Persistent link: https://www.econbiz.de/10012470966
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Commodity Price Volatility and World Market Integration since 1700
Jacks, David S. - 2009
of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …
Persistent link: https://www.econbiz.de/10012463899