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In this paper, we simulate the long-run effects of migrant flows on wages of high-skilled and low-skilled non-migrants in a set of countries using an aggregate model of national economies. New in this literature we calculate the wage effect of emigration as well as immigration. We focus on...
Persistent link: https://www.econbiz.de/10012462010
Direct investment has accounted for about a quarter of total international capital outflows in the 1990s and appears to … have grown, relative to other forms of international investment, since the 1970s. The United States was by far the major … absorbing much of the world's supply, especially in the late 1980s, and then reverted to its earlier net supplier role. Direct …
Persistent link: https://www.econbiz.de/10012471030
U.S.-owned manufacturing affiliates in foreign countries tended to become more export-oriented between 1966 and 1977. The shift toward exporting characterized affiliates in most industries and most countries.The bulk of U.S.-owned production abroad continues to be for local sale in most...
Persistent link: https://www.econbiz.de/10012478068
We use new international price measures we have developed for machinery and transport equipment to explain changes in …
Persistent link: https://www.econbiz.de/10012478615
of available data for the study of international trade and foreign direct investment. Data on values of imports and …
Persistent link: https://www.econbiz.de/10012462401
As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or...
Persistent link: https://www.econbiz.de/10012464523
A substantial part of international differences in prices of individual products, both goods and services, can be …
Persistent link: https://www.econbiz.de/10012465414
World trade in services has recently been a little under $US2 trillion, about a quarter of world trade in goods. That …
Persistent link: https://www.econbiz.de/10012466397
.nber.org/data (International Trade Data, NBER-UN world trade data). Users must agree not to resell or distribute the data for 1984-2000. The data … are organized by the 4-digit Standard International Trade Classification, revision 2, with country codes similar to the … United Nations classification. This dataset updates the Statistics Canada World Trade Database as described in Feenstra …
Persistent link: https://www.econbiz.de/10012467647
impact of FDI in promoting the growth of host country exports and linkages to the outside world is clearer. The major role of … transfer of knowledge of world markets and of ways of fitting into worldwide production networks, not visible in standard …
Persistent link: https://www.econbiz.de/10012469414