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From Groundnuts to Globalization : A Structural Estimate of Trade and Growth
Broda, Christian - 2006
in approximately 4000 markets per country. We then move from groundnuts to globalization by building an exact TFP index … the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …
Persistent link: https://www.econbiz.de/10012466154
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Sequencing of Reforms, Financial Globalization, and Macroeconomic Vulnerability
Edwards, Sebastian - 2008
I use a large cross country data set and panel probit analysis to investigate the way in which the interaction between trade and financial openness affect the probability of external crises. This analysis is related to debate on the adequate sequencing of reform. I also investigate the role...
Persistent link: https://www.econbiz.de/10012464263
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Risk, Government and Globalization : International Survey Evidence
Mayda, Anna Maria - 2007
government spending can bolster support for globalization by reducing the risk associated with it in the minds of voters …
Persistent link: https://www.econbiz.de/10012465617
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Fooling Ourselves : Evaluating the Globalization and Growth Debate
Hallak, Juan Carlos - 2004
This paper evaluates how much of the economics profession has evaluated the evidence on the relationship between international trade and economic growth. The paper highlights the basic approaches to the trade and growth question that the literature has adopted. The case is made that more...
Persistent link: https://www.econbiz.de/10012468449
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Better, Faster, Stronger : Global Innovation and Trade Liberalization
Coelli, Federica - 2016
This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 countries using international firm-level patent data. The empirical strategy exploits ex-ante differences in firms' exposure to countries and industries, allowing us to construct...
Persistent link: https://www.econbiz.de/10012456033
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Political Limits to Globalization
Acemoglu, Daron - 2010
Despite the major advances in information technology that have shaped the recent wave of globalization, openness to … suggests that a particular threat and a limiting factor to globalization and its future developments may be militarist …
Persistent link: https://www.econbiz.de/10012462958
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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
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Globalization and Emerging Markets : With or Without Crash?
Martin, Philippe - 2005
This paper develops a theory of financial crisis based on the demand side of the economy. We analyze the impact of … income in the emerging market and in the industrialized country. Whereas trade globalization always has a positive effect on … the emerging market, financial globalization may not, especially when trade costs are high. For intermediate levels of …
Persistent link: https://www.econbiz.de/10012467128
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Trade Openness and Investment Instability
Razin, Assaf - 2002
In the presence of lumpy investment cost of adjustment, globalization may have non-conventional effects on the level of …-validating expectations. In this sense globalization destabilizes the economy. There can be substantial gains from globalization in the …
Persistent link: https://www.econbiz.de/10012469888
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Globalization and Multiproduct Firms
Nocke, Volker - 2013
. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …
Persistent link: https://www.econbiz.de/10012459252