Showing 1 - 6 of 6
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
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
The process of globalization is characterized by an impressive growth in global value chains, as well as the … potential NGO emergence allows firms to capture gains from globalization, which would otherwise be unattainable. We show that … trade costs, would be better-off in a world without NGOs. In an extension we show that NGOs may also crowd out investment in …
Persistent link: https://www.econbiz.de/10011084080
If the price effect of opening up a developing economy may be expected to act as a disincentive for investment in human capital, the opposite is likely to be true of the income effect, especially in the presence of credit market imperfections among the poor. It is shown in this Paper that this...
Persistent link: https://www.econbiz.de/10005662307
In this paper, we offer a general analytical framework to illustrate the complex two-way interactions between trade and transnational terrorism. We then survey the recent economic literature in light of this framework by pointing to the importance in empirical studies a) to control appropriately...
Persistent link: https://www.econbiz.de/10005791356
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