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How trade dampens the impact of financial frictions in the presence of large firms

Vavoura, Chara - In: Economies : open access journal 10 (2022) 11, pp. 1-18

trade is a prerequisite for financial and economic development but the benefits from globalization are not fully reaped …

Persistent link: https://www.econbiz.de/10013499545

Markups in a two‑country monopolistic competition model of trade with heterogeneous consumers

Ošarin, Aleksandr; Verbus, Valerij; Bakunina, Irina; … - In: Journal of economic structures : JES; the official … 9 (2020) 13, pp. 1-12

The paper develops a two-country monopolistic competition model of trade featuring country-specific consumer tastes. The accounting for heterogeneity in tastes is achieved by assuming different elasticities of substitution in the CES utility function for different country consumers. The proposed...

Persistent link: https://www.econbiz.de/10012256121

China's WTO accession and income inequality in European regions : external pressure and internal adjustments

Kvedaras, Virmantas; Cseres-Gergely, Zsombor - 2020

Exports from China have surged substantially since its accession to the World Trade Organization in 2001. We investigate how this expansion affected income inequality within European regions by separating the trade pressure experienced in external and domestic markets, as well as exploring the...

Persistent link: https://www.econbiz.de/10012219034

The impact of the Chinese import shock on Finnish regional labor markets

Holappa, Veera - In: Journal of the Finnish Economic Association : JFEA 3 (2022) 1, pp. 21-39

The rapid rise of Chinese exports over the past few decades has raised concerns about manufacturing jobs and internal labor market outcomes in high-income countries. I analyze the effect of rising Chinese import competition on Finnish regional manufacturing employment between 1995 and 2007. The...

Persistent link: https://www.econbiz.de/10014285155

The impact of global value chains on wages, employment, and productivity : a survey of theoretical approaches

Szymczak, Sabina - In: Journal for labour market research 58 (2024) 1, pp. 1-25

This study presents a systematic literature review to provide a collection of theories explaining the impact of global value chains (GVCs) on labour market outcomes. Due to the complex nature of GVCs and the interconnectedness of wages, employment, and productivity, many direct and indirect...

Persistent link: https://www.econbiz.de/10015175813

Global value chain participation and firms' innovations : evidence from small and medium-sized enterprises in Viet Nam

Dang Duc Anh; Vuong Anh Dang - 2020

Participation in the global value chain could lead to different impacts on small and medium firms' performances. In this paper, we examine the relationship between the participation of the Vietnamese economy in the global value chain and small and medium firms' innovation in Viet Nam over the...

Persistent link: https://www.econbiz.de/10012219801

Globalization and inequality in Latin America

Carneiro, Rafael Dix; Kovak, Brian K. - 2023

We survey the recent literature studying the effects of globalization on inequality in Latin America. Our focus is on … dimensions of inequality, and developing new methodologies to capture the many facets of globalization's relationship to … that focus on distinct aspects of globalization's relationship to inequality. …

Persistent link: https://www.econbiz.de/10014536261

Labor market impact of disruptions in global value chains

Meister, Moritz - 2024

This paper investigates the causal effect of global value chain (GVC)-related trade on the German labor market during the COVID-19 crisis, using a difference-in-differences approach combined with entropy balancing. The analysis of monthly establishment-level data from January 2019 to December...

Persistent link: https://www.econbiz.de/10014583560

Informal labor regulations, firm boundaries, and global sourcing

Bansal, Renu; Maiti, Dibyendu - 2024

This paper extends the global sourcing model with informal labor, which spawns reputation and legal costs for violating the rules and regulations imposed on foreign firms regarding accessing informal labor under integration. Under these circumstances, foreign firms, facing a higher cost than...

Persistent link: https://www.econbiz.de/10015069611

Internationalization of production in central European countries : what are the consequences for the labor market?

D̆urc̆ová, Julia; Stelmakh, Karina - In: Amfiteatru economic : an economic and business research … 27 (2025) 68, pp. 128-144

The CEE4 countries are among the most internationalized economies in the EU. Due to their high dependence on foreign final demand, particularly in the automotive sector, their labor markets are closely linked to the dynamics of the global economy. Therefore, the main objective of this study is...

Persistent link: https://www.econbiz.de/10015400754