Similar Search Results

International trade, factor mobility and the persistence of cultural-institutional diversity

Belloc, Marianna; Bowles, Samuel - 2009

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

Are Your Labor Shares Set in Beijing? The View Through the Lens of Global Value Chains

Reshef, Ariell; Santoni, Gianluca - 2022

We study the evolution of labor shares in 1995-2014, while taking into account international trade based on value added concepts. Declines in labor shares accelerate in 2001-2007, concurrently with global value chain (GVC) integration, after which there is no trend for both. We develop a...

Persistent link: https://www.econbiz.de/10014080608

Shedding Light on the Shadow Economy : A Global Database and the Interaction with the Official One

Medina, Leandro - 2019

-Saharan Africa, averaging almost 38 and 39 percent of GDP, respectively. The average over all countries and over 1991 to 2017 is 30 …

Persistent link: https://www.econbiz.de/10012857902

Wage bargaining and multinational firms in general equilibrium

Eckel, Carsten; Egger, Hartmut - 2006

number of competitors and long-run effects after firm entry/exit. This allows us to identify possible globalization paths and …

Persistent link: https://www.econbiz.de/10010263904

Firm heterogeneity and the labour market effects of trade liberalisation

Egger, Hartmut; Kreickemeier, Udo - 2007

This paper develops a model that incorporates workers' fair wage preferences into a general equilibrium framework with monopolistic competition between heterogeneous firms à la Melitz (2003). By assuming that the wage considered to be fair by workers depends on the productivity and thus the...

Persistent link: https://www.econbiz.de/10010264131

Worker-specific effects of globalisation

Egger, Hartmut; Kreickemeier, Udo - 2009

This paper sets up a general equilibrium model, in which firms are heterogeneous due to productivity differences and workers have fairness preferences and hence provide full effort only if their factor return is sufficiently high. With the wage considered to be fair by workers depending on the...

Persistent link: https://www.econbiz.de/10010274385

International trade, union wage premia, and welfare in general equilibrium

Kreickemeier, Udo; Meland, Frode - 2011

We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded sectors, affect sector-specific wages, employment levels and aggregate welfare in a two-country model of general oligopolistic equilibrium (GOLE) with partly unionised labour...

Persistent link: https://www.econbiz.de/10010274887

Globalisation and the mix of wage and profit taxes

Haufler, Andreas; Klemm, Alexander; Schjelderup, Guttorm - 2006

This paper analyses the development of the ratio of corporate taxes to wage taxes using a simple political economy model with internationally mobile and immobile firms. Among other results, our model predicts that countries reduce their corporate tax rate, relative to the wage tax, either when...

Persistent link: https://www.econbiz.de/10010261424

International Disease Epidemics and the Shadow Economy

Berdiev, Aziz - 2020

Adding to the emerging body of research related to the current coronavirus crisis, this paper studies the impact of disease epidemics on the worldwide prevalence of the shadow or the underground economy. The informal sector undermines compliance with government regulations and lowers tax...

Persistent link: https://www.econbiz.de/10012828116

Priority Roads : The Political Economy of Africa's Interior-to-Coast Roads

Bonfatti, Roberto - 2019

Africa’s interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are … investigate the political determinants of road paving in West Africa across the 1965-2012 period. Controlling for geography and … networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa’s interior …

Persistent link: https://www.econbiz.de/10012892107