Showing 1 - 10 of 408
We embed a simple incomplete-contracts model of organization design in a standard two-country perfectly-competitive trade model to examine how the liberalization of product and factor markets affects the ownership structure of firms. In our model, managers decide whether or not to integrate...
Persistent link: https://www.econbiz.de/10005788931
second-best tool. Globalization that increases labour mobility reduces governments' incentives to provide subsidized … education and increases private individuals' incentives for investment in their human capital. Globalization can improve welfare …
Persistent link: https://www.econbiz.de/10005789044
I analyse the effects of competition on R&D effort (in a non-tournament context) and obtain robust results that hold for a variety of market structures, including markets with and without barriers to entry and markets characterized by either price or quantity competition. The approach...
Persistent link: https://www.econbiz.de/10005791300
In this paper, we offer a general analytical framework to illustrate the complex two-way interactions between trade and transnational terrorism. We then survey the recent economic literature in light of this framework by pointing to the importance in empirical studies a) to control appropriately...
Persistent link: https://www.econbiz.de/10005791356
poor countries may have been marginalized by the current wave of globalization. …
Persistent link: https://www.econbiz.de/10005791432
We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North trade and linkages between trade-based integration and relative wages in an Etiher-type division of labor model. Using this model we identify a formal relationship between international...
Persistent link: https://www.econbiz.de/10005791536
When labor abundant nations grow, their exports increase more in labor intensive than in capital intensive sectors. We utilize this difference in how exports are affected by growth to identify the causal effect of trade with low-income countries (LICs) on U.S. industry. Our framework relates...
Persistent link: https://www.econbiz.de/10005791689
globalization trends where financial market development can more easily substitute for it. …
Persistent link: https://www.econbiz.de/10005791714
separate periods, those of the first globalization wave (1870 to 1914), the period of the “bloc economy” (1915 to 1959) and for … the period of the second globalization (1960-2001). Cluster analysis is applied and the McNemar test is used to test for … that features some well-defined sub-global clusters, where the second globalization period does not, the first …
Persistent link: https://www.econbiz.de/10005792022
The Paper analyses (i) if globalization is undemocratic, (ii) if NGOs can fill a gap in representation and … democracy and globalization. A major part deals with the question of whether globalization enhances democracy. The answer is …
Persistent link: https://www.econbiz.de/10005497698