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International economic integration is often blamed for the deteriorating fortunes of unskilled workers in industrial countries. We look at the labour market impact of trade and foreign direct investment in the case of Italy. Our empirical framework allows for trade, technology and factor supply...
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A relevant share of the theoretical and empirical analysis on economic growth has been devoted to finding a specific role for international trade in reinforcing countries' growth rates. Not as much attention has been dedicated to the role of sectoral composition of export in influencing the...
Persistent link: https://www.econbiz.de/10005505244
In this paper, the authors start from the observation of two apparently contradictory trends: the increasing regionalization of trade and the proliferation of regional trade agreements, on the one hand, and the increase of the average number of trading partners of each country and of the trading...
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International fragmentation of production towards some low labor-cost countries is the strategy followed by industrialized countries to counter the growing competitive pressures from other low labor-cost countries. Using custom data on Outward Processing Trade by EU textile and apparel firms we...
Persistent link: https://www.econbiz.de/10008547058