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Schwerhoff, Gregor - 2014

According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital …. Fixed factor taxes have the potential to improve welfare by defusing the globalization trilemma through a reduction in the …

Persistent link: https://www.econbiz.de/10013050479

The Dynamic Implications of Liberalizing Global Migration

Delogu, Marco - 2014

This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by …

Persistent link: https://www.econbiz.de/10013059032

Reevaluating the Role of Trade Agreements : Does Investment Globalization Make the WTO Obsolete?

Blanchard, Emily J. - 2014

strategic manipulation of world prices. The policy prediction is unclear, however, since international cross-ownership also …

Persistent link: https://www.econbiz.de/10012752227

Globalization and the Rise of Mega-Cities in the Developing World

Ploeg, Frederick van der; Poelhekke, Steven - 2021

Thomas Friedman has argued in The World is Flat that those who deny rapid globalization will not survive in the global … economy. First, we critically discuss Friedman's views and highlight the new globalization driven by outsourcing and vertical … world. The world is not flat, and the developing world certainly is not. Still, mega-cities tend to become too big. Their …

Persistent link: https://www.econbiz.de/10013316592

International Agreements, Economic Sovereignty and Exit

Richardson, Martin - 2018

We develop a model in which it is uncertainty about the future domestic policy environment that both makes international cooperation attractive and induces the possibility of a nation reneging on such an international agreement. We show, in a fairly general setting in which the likelihood of...

Persistent link: https://www.econbiz.de/10012919246

The Hidden Cost of Globalization : Import Competition and Mental Distress

Colantone, Italo; Crinò, Rosario; Ogliari, Laura - 2021

We study the effect of import competition on workers’ mental distress. To this purpose, we source information on the mental health of British workers from the British Household Panel Survey, and combine it with measures of import competition in more than 100 industries over 2001-2007. We find...

Persistent link: https://www.econbiz.de/10013315519

Ethnic Divisions and Production in Firms

Hjort, Jonas - 2013

A body of literature suggests that ethnic heterogeneity limits economic growth. This paper provides microeconometric evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker supplies and distributes flowers to two downstream...

Persistent link: https://www.econbiz.de/10013073086

Who Has Terror Angst? Perceptions of the Effects of Terror on the World Economy

Boumans, Dorine - 2016

World Economic Survey assess the effect of terror on the world economy and the economy of their own country. The results …

Persistent link: https://www.econbiz.de/10012981592

International Income Inequality : Measuring PPP Bias by Estimating Engel Curves for Food

Almås, Ingvild - 2010

estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is …

Persistent link: https://www.econbiz.de/10013135914

Price Equalization Does Not Imply Free Trade

Mutreja, Piyusha - 2013

In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of trade. We demonstrate this first theoretically in a...

Persistent link: https://www.econbiz.de/10013086971