This paper examines a variety of approaches to issues of globalization and international trade. It was implicated by early researchers and academicians that there are basic rules for international trade and labor division that should be investigated in order to maximize global trade. Within...

In order to assess the effects of increased outsourcing on the relative demand for skilled and unskilled labor, it is crucial to understand whether outsourcing is a complement or a substitute for each kind of labor. Using the traditionally employed log-log framework, Amiti and Wei (2006) find...

This paper critically compares three different theorisations of trade, based on the factoral, Heckscher-Ohlin-Samuelson model (Rogowski, 1987), the sectoral, Ricardo-Viner model (Hiscox, 2001), and the firm-related, New Trade Theory model (Baccini et al., 2017). Indeed, all three papers seek to...

The present study examines the impact of foreign direct investment (FDI) in a three sectors model economy consisting of an organised sector, semiorganised sector and unorganised sector. If we consider that capital is immobile within sectors then an increase in FDI in organised sector will...

This paper deals with fragmentation both theoretically and empirically. Not only it presents a picture of the existing literature on the field but it also provides some basic hints for future investigation. It pays particular attention to the possible theoretical dichotomy between fragmentation...

We analyze the empirical violation of the Hillman condition, a necessary and sufficient condition for the correspondence between comparative advantage and pre-trade relative prices. Our comprehensive data set allows us to investigate the Hillman condition for virtually all countries of the...

The relative rise of wages for high-skilled workers over the last three decades has been the subject of intense academic and popular scrutiny. This paper develops a new methodology for decomposing wage changes into three sources: outsourcing, biased technological change, and total biased...

This paper reconsiders logics somewhat implicit in many international trade models, particularly centered around Law of One Price. International trade is identical to domestic trade with two markets combined as one only when no frictions, such as labor immobility, or some states close, exist. In...

The present study examines the impact of spillover effect of foreign direct investment (FDI) on skilled-unskilled wage inequality in the Indian manufacturing Industries. We have considered competition spillover, R\&D spillover and Skill spillover effect of FDI firms. Foreign firms dominate...

We analyze the empirical violation of the Hillman condition, a necessary and sufficient condition for the correspondence between comparative advantage and pre-trade relative prices. Our comprehensive data set allows us to investigate the Hillman condition for virtually all countries of the...