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decisions, when the removal either of trade barriers or of restrictions on capital outflows/inflows (‘globalization’) allows … yields the relocation of the whole industry, autarchy is strictly better, in welfare terms, than ‘globalization’. It is only … when relocation is a dominant strategy for one (and only one) of the firms, that ‘globalization’ may be unambiguously …
Persistent link: https://www.econbiz.de/10005661863
There are two contrasting views of pre-19th century trade and globalization. First there are the world history scholars … like Andre Gunder Frank who attach globalization ‘big bang' significance to the dates 1492 (Christopher Columbus stumbles …
Persistent link: https://www.econbiz.de/10005661898
countries. We further show that globalization - interpreted as either market integration or increased product market competition …
Persistent link: https://www.econbiz.de/10005662344
The design of optimal immigration policy, particularly in the face of the spiraling demand for highly skilled workers, such as IT workers and engineers, is a topical issue in the policy debate as well as the economic literature. In this paper, we present empirical evidence from firm-level data...
Persistent link: https://www.econbiz.de/10005666778
equity changes as globalization takes place. This is because the launch of the single currency has led to the elimination of … among EU investors. We focus not only on the impact of globalization on the level of the cost of equity, but also on the …
Persistent link: https://www.econbiz.de/10005666905
the context of globalization. Central to this view is the role of agglomeration in productivity performance; size and …
Persistent link: https://www.econbiz.de/10005667029