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Globalization, Technology, and the Skill Premium : A Quantitative Analysis

Burstein, Ariel T. - 2010

We construct a model of international trade and multinational production (MP) to examine the impact of globalization on …

Persistent link: https://www.econbiz.de/10013137021

Capital Market Financing, Firm Growth, Firm Size Distribution

Didier, Tatiana - 2014

Which firms issue equity and debt in domestic and international markets and what happens to their assets, sales, and number of employees? To answer these questions, we assemble a new dataset on firm-level capital raising activity during 1991-2011, which we match with firm attributes for 45,527...

Persistent link: https://www.econbiz.de/10013050155

Heterogeneity and the Dynamics of Technology Adoption

Ryan, Stephen - 2014

We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...

Persistent link: https://www.econbiz.de/10013067628

Pop Internationalism : Has a Half Century of World Music Trade Displaced Local Culture?

Ferreira, Fernando Vendramel - 2010

Advances in communication technologies over the past half century have made the cultural goods of one country more readily available to consumers in another, raising concerns that cultural products from large economies - in particular the US - will displace the indigenous cultural products of...

Persistent link: https://www.econbiz.de/10013143771

The it Revolution and the Globalization of R&D

Branstetter, Lee - 2018

markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software … three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … large quantities of STEM workers who possessed IT and software skills. Our findings support the view that the globalization …

Persistent link: https://www.econbiz.de/10012916620

Taxes, Tariffs, and the Global Corporation

Levinsohn, James Alan; Slemrod, Joel - 2021

In this paper we develop some simple models of optimal tax and tariff policy in the presence of global corporations that operate in an imperfectly competitive environment. The models emphasize two important differences in the practical application of tax and tariff policy - tax, but not tariff,...

Persistent link: https://www.econbiz.de/10013218326

Internationalized Production in World Output

Lipsey, Robert E.; Blomström, Magnus; Ramstetter, Eric D. - 2021

,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars … over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 …

Persistent link: https://www.econbiz.de/10013238944

Migration, Spillovers,And Trade Diversion : The Impact of Internationalization on Stock Market Liquidity

Levine, Ross; Schmukler, Sergio L. - 2021

What is the impact of firms that cross-list, issue depositary receipts, or raise capital in international stock markets on the liquidity of remaining firms in domestic markets? Using a panel of over 3,200 firms from 55 countries during 1989-2000, we find that internationalization reduces the...

Persistent link: https://www.econbiz.de/10013234046

Innovation and Production in the Global Economy

Arkolakis, Costas - 2015

of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …

Persistent link: https://www.econbiz.de/10013035693

The Global Agglomeration of Multinational Firms

Alfaro, Laura - 2010

The explosion of multinational activities in recent decades is rapidly transforming the global landscape of industrial production. But are the emerging clusters of multinational production the rule or the exception? What drives the offshore agglomeration of multinational firms in comparison to...

Persistent link: https://www.econbiz.de/10013149830