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Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to globalization on …
Persistent link: https://www.econbiz.de/10013353367
and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific … effects of globalization and European integration. We find strong positive effects of globalization and also significant but …
Persistent link: https://www.econbiz.de/10013353434
countries. We further show that globalization - interpreted as either market integration or increased product market competition …
Persistent link: https://www.econbiz.de/10010261336
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10010271869
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...
Persistent link: https://www.econbiz.de/10010274459
with globalization may be twin to each other. We provide statistical evidence of this so far neglected trade-off for a …
Persistent link: https://www.econbiz.de/10010274735
While the impact of globalization on income inequality has received a lot of attention, little is known about its …
Persistent link: https://www.econbiz.de/10010531758
This paper identifies globalization as a factor behind the rapid increase in executive compensation and inequality over … executive compensation, indicating that globalization is influencing compensation through pay-for-non-performance. Furthermore … firms with poor corporate governance, as one would expect if globalization has enhanced rent-capture opportunities. Overall …
Persistent link: https://www.econbiz.de/10011777566
) and its importance for quantifying policy and globalization effects on the international extensive margin of trade. We …
Persistent link: https://www.econbiz.de/10012492946
We estimate the short- and long-run local labor market impacts of the large increase in U.S. imports and exports that occurred over the 1970s. We exploit the sequential opening of overseas shipping container ports over the period, which generated discontinuous changes in U.S. trade ows. We find...
Persistent link: https://www.econbiz.de/10013266690