Showing 1 - 9 of 9
"We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...
Persistent link: https://www.econbiz.de/10011395038
The 1990's dealt a blow to traditional Heckscher-Ohlin analysis of the relationship between trade and income inequality, as it became clear that rising inequality in low- income countries and other features of the data were inconsistent with that model. As a result, economists moved away from...
Persistent link: https://www.econbiz.de/10012462231
We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...
Persistent link: https://www.econbiz.de/10012462402
Surveys from 1984 to 2002. We find that occupational exposure to globalization is associated with significant wage effects …, while industry exposure has no significant impact. We present evidence that globalization has put downward pressure on …
Persistent link: https://www.econbiz.de/10012463543
This paper examines how industrial policy - specifically tariff liberalization and tax subsidies - affects the magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China's manufacturing sector. Using this approach, we control for...
Persistent link: https://www.econbiz.de/10012461890
In this paper we explore the popular but controversial idea that developing countries benefit from abandoning policy neutrality vis-a-vis trade, FDI and resource allocation across industries. Are developing countries justified in imposing tariffs, subsidies, and tax breaks that imply distortions...
Persistent link: https://www.econbiz.de/10012463389
This paper explores the relationship between wages and foreign investment in Mexico, Venezuela, and the United States. Despite very different economic conditions and levels of development, we find one fact which is robust across all three countries: higher levels of foreign investment are...
Persistent link: https://www.econbiz.de/10012473784
This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of … globalization: trade and international capital flows. Past researchers have argued that global economic integration should help the … evidence suggests that the poor are more likely to share in the gains from globalization when there are complementary policies …
Persistent link: https://www.econbiz.de/10012466318
We suggest that the impact of globalization on wages has been missed because its effects must be captured by analyzing … occupational exposure to globalization. In this paper, we extend our previous work to include recent years (2003-2008), a period of … effects of globalization, with offshoring to low wage countries and imports both associated with wage declines for US workers …
Persistent link: https://www.econbiz.de/10012457641