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What separates us? Sources of resistance to globalization

Head, Keith; Mayer, Thierry - C.E.P.R. Discussion Papers - 2013

With increasing sophistication, economists have been estimating gravity equations for five decades. Robust evidence shows that borders and distance impede trade by much more than tariffs or transports costs can explain. We therefore advocate investigation of other sources of resistance, despite...

Persistent link: https://www.econbiz.de/10011145400

Globalization: A Woman’s Best Friend? Exporters and the Gender Wage Gap

Bøler, Esther Ann; Javorcik, Beata; Ulltveit-Moe, … - C.E.P.R. Discussion Papers - 2015

While the impact of globalization on income inequality has received a lot of attention,little is known about its effect …

Persistent link: https://www.econbiz.de/10011196036

Business Cycle Synchronization Since 1880

Artis, Michael J; Chouliarakis, George; Harischandra, PKG - C.E.P.R. Discussion Papers - 2011

This paper studies the international business cycle behaviour across 25 advanced and emerging market economies for which 125 years of annual GDP data are available. The picture that emerges is more fragmented than the one drawn by studies that focused on a narrower set of advanced market...

Persistent link: https://www.econbiz.de/10009003371

The Changing International Transmission of Financial Shocks: Evidence from a Classical Time-Varying FAVAR

Eickmeier, Sandra; Lemke, Wolfgang; Marcellino, Massimiliano - C.E.P.R. Discussion Papers - 2011

transmission to GDP growth in European countries has increased gradually since the 1980s, consistent with financial globalization …

Persistent link: https://www.econbiz.de/10009003376

The arrival of cheap goods: Measuring the impact of Chinese import competition on Nordic prices

Auer, Raphael; Fischer, Andreas M; Kropf, Andreas - C.E.P.R. Discussion Papers - 2011

What is the impact of Chinese import competition on Nordic producer prices? In a panel covering 23 (2 digit) NACE manufacturing sectors from 1995 to 2008, instrumental variable estimations predict that when Chinese imports capture a 1% increase in market share, Nordic producer prices decrease by...

Persistent link: https://www.econbiz.de/10009275961

US Special Safeguard on Imports of Tires from China: Imposing Pain for Little Gain

Charnovitz, Steve; Hoekman, Bernard - C.E.P.R. Discussion Papers - 2012

In 2009, the United States imposed additional tariffs for a three-year period on imports of automotive tires from China under a special-safeguard provision included in China’s Protocol of Accession to the WTO. China challenged the measure in the WTO. The case marked the first WTO dispute in...

Persistent link: https://www.econbiz.de/10011083656

Credit Constraints and Growth in a Global Economy

Coeurdacier, Nicolas; Guibaud, Stéphane; Jin, Keyu - C.E.P.R. Discussion Papers - 2012

In a period of rapid integration and accelerated growth in emerging markets, three striking trends have been (1) a divergence in the private saving rates of emerging markets and advanced economies, (2) large net capital outflows from emerging markets, and (3) a sustained decline in the world...

Persistent link: https://www.econbiz.de/10011083716

Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competition Channels

Tong, Hui; Wei, Shang-Jin - C.E.P.R. Discussion Papers - 2012

How does increasing globalization affect corporate transparency? Freer trade represents two facets and in theory has …-country-year level, and a second measure of globalization-induced product market competition based on a country’s own tariff … globalization promotes corporate transparency, especially in industries that depend heavily on external financing. At the same time …

Persistent link: https://www.econbiz.de/10011083813

Who Needs the Nation State?

Rodrik, Dani - C.E.P.R. Discussion Papers - 2012

The design of institutions is shaped by a fundamental trade-off. On the one hand, relationships and heterogeneity push governance down. On the other, the scale and scope benefits of market integration push governance up. A corner solution is rarely optimal. An intermediate outcome, a world...

Persistent link: https://www.econbiz.de/10011084069

Globalization, Credence Goods and International Civil Society

Krautheim, Sebastian; Verdier, Thierry - C.E.P.R. Discussion Papers - 2012

The process of globalization is characterized by an impressive growth in global value chains, as well as the … potential NGO emergence allows firms to capture gains from globalization, which would otherwise be unattainable. We show that …

Persistent link: https://www.econbiz.de/10011084080