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Tintelnot, Felix - 2016

Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this paper, I examine the determinants of multinational firms' location and production...

Persistent link: https://www.econbiz.de/10012456439

Human Capital, Unemployment, and Relative Wages in a Global Economy

Davis, Donald R. - 1997

global economy. It builds on the models of Davis (1997a, b) of trade between a flexible wage America and a rigid wage Europe …

Persistent link: https://www.econbiz.de/10012472680

Technology, Unemployment, and Relative Wages in a Global Economy

Davis, Donald R. - 1996

the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been …

Persistent link: https://www.econbiz.de/10012473209

Inequality and Schooling Responses to Globalization Forces : Lessons from History

Williamson, Jeffrey G. - 2006

abundant Europe and the high-wage, labor scarce New World. Those global forces contributed to a reduction in unskilled labor … scarcity in the New World and to a rise in unskilled labor scarcity in Europe. Thus, it contributed to rising inequality in … overseas countries, like the United States, and falling inequality in most of Europe. Falling unskilled labor scarcity and …

Persistent link: https://www.econbiz.de/10012466110

Populism and the Economics of Globalization

Rodrik, Dani - 2017

populist politicians highlight. The first has been predominant in Latin America, and the second in Europe. I argue that these …

Persistent link: https://www.econbiz.de/10012455123

Internationalization and the evolution of corporate valuation

Levine, Ross - 2005

"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...

Persistent link: https://www.econbiz.de/10010522397

Combinatorial Discrete Choice : A Quantitative Model of Multinational Location Decisions

Arkolakis, Costas; Eckert, Fabian; Shi, Rowan - National Bureau of Economic Research - 2023

We introduce a general quantifiable framework to study the location decisions of multinational firms. In the model, firms choose in which locations to pay the fixed costs of setting up production, taking into account potential complementarities among production locations. The firm's location...

Persistent link: https://www.econbiz.de/10014437008

Internationalized Production in Developed and Developing Countries and in Industry Sectors

Lipsey, Robert E. - 1998

Internationalized production, that is, production in a country controlled by firms based in another country, grew from about 4.5% of world output in 1970 to over 7% in 1995. The importance of internationalized output fell substantially in developing countries until around 1990 but has been been...

Persistent link: https://www.econbiz.de/10012472403

Internationalized Production in World Output

Lipsey, Robert E. - 1995

Internationalized production, that is, production by multinational firms outside their home countries has increased over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 percent in 'industry,' including manufacturing, trade,...

Persistent link: https://www.econbiz.de/10012473482

The Internationalization of Production

Lipsey, Robert E. - 1989

The degree of internationalizaton of the enterprise or business sectors of many countries, as measured by the ratio of direct investment abroad to domestic wealth or assets, or of assets or employment abroad to that at home, has been growing over the last twenty years or more. The exception to...

Persistent link: https://www.econbiz.de/10012476130