Narrow search
Showing 1 - 10 of 509
Cover Image
Globalization, financial allocation efficiency and regional economic dynamics: asymmetric panel evidence from Africa
Simplice A., Asongu - Volkswirtschaftliche Fakultät, … - 2011
This paper examines how regionalization in the face of globalization has affected financial development in the context …/projects with deposits; (3) increase in welfare has positively affected the intermediary role of banks; (4) globalization tends to …
Persistent link: https://www.econbiz.de/10009328128
Cover Image
Globalization and United States’ Intra-Industry Trade
Leitão, Nuno Carlos - Volkswirtschaftliche Fakultät, … - 2012
The recent trend of globalization has given rise to a new paradigm in international economics, i.e. the simultaneous … dynamic panel data approach. In contrast to previous studies, this paper used a dynamic panel data to solve the problems of …
Persistent link: https://www.econbiz.de/10011259604
Cover Image
Foreign direct investment and globalization
Leitão, Nuno Carlos - Volkswirtschaftliche Fakultät, … - 2012
This paper aims to examine the relationship between foreign direct investment and the globalization. The Portuguese … variable estimation of a dynamic panel model within a system generalized methods moments framework allows us to control for … potential correlation issues and endogeneity bias. The results show that the market size and globalization have a positive …
Persistent link: https://www.econbiz.de/10011109612
Cover Image
Globalization and Income Inequality: A Panel Data Analysis of 68 Countries
Atif, Syed Muhammad; Srivastav, Mudit; Sauytbekova, Moldir - Volkswirtschaftliche Fakultät, … - 2012
techniques to examine income inequality index and the index of globalization for panel data of 68 developing countries over the … the study is to determine the direction of impact of globalization on income distribution. This study hypothesises that … increased globalisation worsens income inequality, and vice versa. This hypothesis is investigated using panel data econometric …
Persistent link: https://www.econbiz.de/10011112674
Cover Image
Market structure and multiple equilibria in airline markets
Ciliberto, Federico; Tamer, Elie - Volkswirtschaftliche Fakultät, … - 2009
We provide a practical method to estimate the payoff functions of players in complete information, static, discrete games. With respect to the empirical literature on entry games originated by Bresnahan and Reiss (1990) and Berry (1992), the main novelty of our framework is to allow for general...
Persistent link: https://www.econbiz.de/10011258435
Cover Image
Foreign Entry and Heterogeneous Growth of Firms: Do We Observe “Creative Destruction” in China?
Deng, Paul; Jefferson, Gary - Volkswirtschaftliche Fakultät, … - 2011
We adopt the framework of Schumpeterian creative destruction formalized by Aghion et al. (2009) to analyze the impact of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit heterogeneous patterns of growth depending on their...
Persistent link: https://www.econbiz.de/10011259554
Cover Image
Firm Heterogeneity and Location Choice of European Multinationals
Marti, Josep; Alguacil, Maite; Orts, Vicente - Volkswirtschaftliche Fakultät, … - 2015
In this paper we investigate how the different characteristics of European multinational firms affect their decision tolocate in different foreign markets. Considering the existence of n geographically separated markets with different attributes, in terms of entry or fixed costs, variable...
Persistent link: https://www.econbiz.de/10011195653
Cover Image
Pure Exporter: Theory and Evidence
Jiangyong, Lu; Yi, Lu; Zhigang, Tao - Volkswirtschaftliche Fakultät, … - 2011
This paper provides the first evidence about pure exporters (i.e., firms exporting all of their output to the foreign market) -- a phenomenon overlooked and cannot be explained in the existing literature. It then offers a generalized model of Melitz (2003) for examining the existence and...
Persistent link: https://www.econbiz.de/10008919787
Cover Image
Rigidities in Employment Protection and Exporting
Seker, Murat - Volkswirtschaftliche Fakultät, … - 2010
There have been significant improvements in traditional trade policies in the past few decades. However, these improvements can only be fully effective when they are complemented with a favorable investment climate. This study focuses on a particular aspect of investment climate, namely labor...
Persistent link: https://www.econbiz.de/10009004205
Cover Image
Service innovation and the proximity-concentration trade-off model of trade and FDI
Fulvio, Castellacci - Volkswirtschaftliche Fakultät, … - 2011
This paper introduces service innovation in the proximity-concentration trade-off model of trade and FDI (Helpman, Melitz and Yeaple, 2004). The idea is that innovation will have two main effects on service firms’ choice between exports and FDI. First, innovative firms will on average have...
Persistent link: https://www.econbiz.de/10009022001