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played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a …
Persistent link: https://www.econbiz.de/10010723562
This paper derives the conditions under which fitness-reducing alleles can survive in a longrun stationary equilibrium for a trading population, extending the results in Saint-Paul (2002) for arbitrary systems of sexual reproduction.
Persistent link: https://www.econbiz.de/10005703347
Our paper investigates the link between outsourcing and wages utilising a large household panel and combining it with industry level information on industries’ outsourcing activities from input-output tables. By doing so we can arguably overcome the potential endogeneity bias as well as other...
Persistent link: https://www.econbiz.de/10005822438
of natural selection are made weaker because trade allows people to specialize in those activities where they are strong …, and to offset their weaknesses by purchasing adequate goods on the market. Absent trade, people must allocate their time … alleles at all locations. Under trade, there exist long-run equilibria where less fit individuals are able to achieve the same …
Persistent link: https://www.econbiz.de/10005761761