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intensity. Next, using a novel data set based on the World Input-Output Database (WIOD), we examine the importance of the supply …
Persistent link: https://www.econbiz.de/10013054011
This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number …
Persistent link: https://www.econbiz.de/10013316027
-12% of the decrease in the world DVA ratio as observed between 2000-2007. For China, the counterfactual experiment robustly …
Persistent link: https://www.econbiz.de/10012902861
We build a heterogeneous-firms model with firm-specific wages and credit frictions to study the role of financial development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage inequality and unemployment. In contrast, if there are...
Persistent link: https://www.econbiz.de/10012996265
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10012963770
actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …
Persistent link: https://www.econbiz.de/10012947623
What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...
Persistent link: https://www.econbiz.de/10012947908
This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 … economic globalization is negative and statistically significant for the first three years following the shock. This finding is … obtained by controlling for several intermediary channels in globalization-shadow economy nexus such as education, government …
Persistent link: https://www.econbiz.de/10012956723
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country …
Persistent link: https://www.econbiz.de/10013108084
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments … towards lower education. In industrialized countries, on the other hand, globalization has an ambiguous effect on the …
Persistent link: https://www.econbiz.de/10013148296