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This paper evaluates the extent to which the world economy has entered a phase of de-globalisation, and it offers some … indicating that the world economy has already entered an era of de-globalisation. Instead, the observed slowdown in globalisation …
Persistent link: https://www.econbiz.de/10012482334
specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of …
Persistent link: https://www.econbiz.de/10012455225
This paper makes two methodological contributions. First, it proposes a framework to decompose total production activities at the country, sector, or country-sector level, to different types, depending on whether they are for pure domestic demand, traditional international trade, simple GVC...
Persistent link: https://www.econbiz.de/10012455459
recently available World Input-Output Database (WIOD) to study the properties of the new measures of the REER for 40 countries …
Persistent link: https://www.econbiz.de/10012458430
countries join the world economy so that globalization increases at the margin, labor standards worsen (improve) at the margin …We ask how globalization affects a government's incentives to set labor standards for its workers. In a stylized … with globalization than it would under autarky, because labor standards are a normal good and the general increase in …
Persistent link: https://www.econbiz.de/10014322750
-dimensional connections between globalization and innovation. We develop a model that features many of those mechanisms that connect trade and …
Persistent link: https://www.econbiz.de/10012794638
Economists devote too much attention to international flows of goods and services and not enough to international flows of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook trade model shows that a welfare-enhancing move toward...
Persistent link: https://www.econbiz.de/10012462900
labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products …
Persistent link: https://www.econbiz.de/10012463276
What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing …
Persistent link: https://www.econbiz.de/10012464507
What drives globalization today and in the past? We employ a new micro-founded measure of bilateral trade costs based …
Persistent link: https://www.econbiz.de/10012466059