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/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …
Persistent link: https://www.econbiz.de/10012470966
never been constant. Globalization increased poor country specialization in commodities when the world went open after the … of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro …
Persistent link: https://www.econbiz.de/10012463899
globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output …The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a …
Persistent link: https://www.econbiz.de/10012464960
This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using … and globalization. To reflect context, as defined by space (geography) and time (history), we control for the distance to … and globalization put forward by Eichengreen and Leblang (2008) for the period 1870-2000. Focusing on the more recent wave …
Persistent link: https://www.econbiz.de/10012459086
I survey some recent research on the role of patents in encouraging innovation and growth in developing economies …, beginning with a brief history of international patent systems and facts about the current use of patents around the world. I … discuss research on the implications of patents for international technology transfer and domestic innovation. This is …
Persistent link: https://www.econbiz.de/10012481786
-dimensional connections between globalization and innovation. We develop a model that features many of those mechanisms that connect trade and … innovation. It features the joint selection of firms into innovation and international market participation (in our model, we … for innovation …
Persistent link: https://www.econbiz.de/10012794638
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
innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for … of openness on innovation incentives and productivity growth. Finally, our model predicts that a more globalized world …
Persistent link: https://www.econbiz.de/10012453173
The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012453261
This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 … enables us to establish the causal impact of trade policy on innovation. Our results suggest that trade liberalization has … economically significant effects on innovation and, ultimately, on technical change and growth. According to our estimates, about 7 …
Persistent link: https://www.econbiz.de/10012456033