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fact been bell-shaped. We argue that this bell-shaped evolution of wage inequality can be linked to globalization and a … rise in offshoring. To analyze the relationship between globalization, offshoring and relative wages, we develop a general … equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative …
Persistent link: https://www.econbiz.de/10005123637
globalization and stronger protection of intellectual property are analysed. It is shown that globalization leads to more copying of … intellectual property protection has the opposite steady-state effects and thus serves to moderate the effects of globalization. …
Persistent link: https://www.econbiz.de/10005656156
aspects of globalization are studied: increases in the size of the South (i.e., countries like China joining the world trading …
Persistent link: https://www.econbiz.de/10005114418
While the impact of globalization on income inequality has received a lot of attention,little is known about its effect …
Persistent link: https://www.econbiz.de/10011196036
This Paper analyses industrial policy in a high wage open economy hosting an agglomeration consisting of vertically linked upstream and downstream firms. We show that optimal policy towards upstream industries typically differ from the optimal policy towards downstream industries....
Persistent link: https://www.econbiz.de/10005661682