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Coe, David T. - 1995

We examine the extent to which developing countries that do little, if any research and development themselves benefit from R&D that is performed in the industrial countries. By trading with an industrial country that has large 'stocks of knowledge' from its cumulative R&D activities, a...

Persistent link: https://www.econbiz.de/10012473841

Endogenous Product Cycles

Grossman, Gene M. - 1989

long-run rate of growth of the world economy, and the long-run rate of technological diffusion. We also provide an analysis …

Persistent link: https://www.econbiz.de/10012476141

Inequality and Unemployment in a Global Economy

Helpman, Elhanan - 2008

This paper develops a new framework for examining the distributional consequences of trade liberalization that is consistent with increasing inequality in every country, growth in residual wage inequality, rising unemployment, and reallocation within and between industries. While the opening of...

Persistent link: https://www.econbiz.de/10012464169

Globalization and Wage Inequality

Helpman, Elhanan - 2016

Globalization has been blamed for rising inequality in rich and poor countries. Yet the views of many protagonists in … empirical literature on the relationship between globalization and wage inequality. While the initial analysis that started in … cumulative effect has been modest, and that globalization does not explain the preponderance of the rise in wage inequality …

Persistent link: https://www.econbiz.de/10012455736

Trade Wars and Trade Talks

Grossman, Gene M. - 1993

Whether governments clash in trade disputes or negotiate over trade agreements, their actions in the international arena reflect political conditions back home. Previous studies of cooperative and noncooperative trade relations have focused on governments that are immune from political pressures...

Persistent link: https://www.econbiz.de/10012474682

Protection For Sale

Grossman, Gene M. - 1992

We develop a model in which special interest groups make political contributions in order to influence an incumbent government's choice of trade policy. In the political equilibrium. the interest groups bid for protection, and each group's offer is optimal given the offers of the others. The...

Persistent link: https://www.econbiz.de/10012474821

The Simple Analytics of Debt-Equity Swaps

Helpman, Elhanan - 1988

Recent attempts to resolve the international debt crisis have lead some countries to engage in debt-equity swaps. The paper explores conditions under which such transactions are beneficial to the debtor as well as the creditors. It identifies a market failure that may prevent the emergence of...

Persistent link: https://www.econbiz.de/10012476289

Trade and Labor Market Outcomes

Helpman, Elhanan - 2011

This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market frictions, and foreign trade. This framework emphasizes firm heterogeneity and search and matching frictions in labor markets. It implies that the opening of trade may raise...

Persistent link: https://www.econbiz.de/10012461995

Outsourcing in a Global Economy

Grossman, Gene M. - 2002

We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner and relationship-specific investments that are governed by incomplete contracts. The extent of...

Persistent link: https://www.econbiz.de/10012469987

The Politics of Free Trade Agreements

Grossman, Gene M. - 1993

Suppose that an opportunity arises for two countries to negotiate a free trade agreement (FTA). Will an FTA between these countries be politically viable? And if so, what form will it take? We address these questions using a political-economy framework that emphasizes the interaction between...

Persistent link: https://www.econbiz.de/10012474343