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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/10010287852

The Distributional Effects of International Fragmentation

Kohler, Wilhelm - 2002

Economic globalization causes an increasing international fragmentation (disintegration) of value-added-chains, whereby …

Persistent link: https://www.econbiz.de/10010294506

Factor Price Frontiers with International Fragmentation of Multistage Production

Kohler, Wilhelm - 2003

I develop a generalized factor price frontier which incorporates endogenous adjustment of international fragmentation in multistage production, allowing for a continuum of stages. This allows us to address fragmentation, not only as an exogenous event, but also as an integral part of endogenous...

Persistent link: https://www.econbiz.de/10010294622

Low-Wage Import Competition, Inflationary Pressure, and Industry Dynamics in Europe

Auer, Raphael; Degen, Kathrin; Fischer, Andreas M. - 2011

What is the impact of import competition from low-wage countries (LWCs) on inflationary pressure in Europe? This paper examines whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden, and the...

Persistent link: https://www.econbiz.de/10011430088

The linkages between FDI and domestic investment: Unravelling the developmental impact of foreign investment

Ndikumana, Leonce; Verick, Sher - 2007

-Saharan Africa. The results suggest that firstly, FDI crowds in domestic investment, and secondly, countries will gain much from …

Persistent link: https://www.econbiz.de/10010287877

Gender inequality in a globalizing world

Seguino, Stephanie - 2005

Emphasis on market-friendly macroeconomic and development strategies in recent years has resulted in deleterious effects on growth and well-being, and has done little to promote greater gender equality. This paper argues that the example of East Asia states, which recognized their position as...

Persistent link: https://www.econbiz.de/10010330090

Understanding informality

Elgin, Ceyhun; Kose, M. Ayhan; Ohnsorge, Franziska; Yu, Shu - 2021

This paper introduces a comprehensive database of informal economic activity. The database focuses on measures that have strong cross-country and over time coverage: it includes both model-based and survey-based measures of informality and covers more than 160 economies for the period 1990-2018....

Persistent link: https://www.econbiz.de/10012628466

Growing apart or moving together? Synchronization of informal and formal economy cycles

Elgin, Ceyhun; Kose, M. Ayhan; Ohnsorge, Franziska; Yu, Shu - 2021

We study the degree of synchronization between formal- and informal-economy business cycles. Using a comprehensive database of informal activity that covers a wide range of informality measures from almost 160 countries over the 1990-2018 period, we report two major results. First, fluctuations...

Persistent link: https://www.econbiz.de/10012628467

Does globalization create superstars?

Gersbach, Hans; Schmutzler, Armin - 2007

To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration …

Persistent link: https://www.econbiz.de/10010315582

Globalization and developing countries - a shrinking tax base?

Aizenman, Joshua; Jinjarak, Yothin - 2006

This paper evaluates the impact of globalization on the tax bases of countries at varying stages of development. We see … globalization as a process that induces countries to embrace greater trade and financial integration, and macro stabilization. This …" taxes. We confirm the robustness of the main results to IV methodology, where trade globalization is inferred from applying …

Persistent link: https://www.econbiz.de/10010285297