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Brain drain in the age of mass migration: Does relative inequality explain migrant selectivity?
Stolz, Yvonne; Baten, Jörg - 2012
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10010280801
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It's a big world after all
Brakman, Steven; van Marrewijk, Charles - 2007
Thomas Friedman's book the world is flat has been a bestseller since it appeared in 2005. The remarkable success of the … book reflects to a certain extent the present fears with respect to increasing globalization. Using many examples, Friedman … argues that distance (however defined) is no longer a dominant characteristic of the world economy, or will cease to be so in …
Persistent link: https://www.econbiz.de/10010275796
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Inequality and the import demand function
Adam, Antonis; Katsimi, Margarita; Moutos, Thomas - 2008
In this paper we build a model of trade in vertically differentiated products and find that income inequality can affect the demand for imports even in the presence of homothetic preferences. The empirical importance of changes in inequality on the demand for imports is then assessed by...
Persistent link: https://www.econbiz.de/10010264288
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A touch of sophistication: FDI and unit values of exports
Harding, Torfinn; Javorcik, Beata Smarzynska - 2009
The debate on trade and growth increasingly focuses on the composition of exports. Exports of more “sophisticated” products appear to be positively correlated with growth, and upgrading the quality of exports is high on the policy agenda of many countries. This study presents evidence...
Persistent link: https://www.econbiz.de/10010266010
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Natural resources: Curse or blessing?
van der Ploeg, Frederick - 2010
Are natural resources a 'curse' or a 'blessing'? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...
Persistent link: https://www.econbiz.de/10010270490
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A cross-country empirical analysis of international reserves
Cheung, Yin-Wong; Ito, Hiro - 2009
Using data from more than 100 economies for the period of 1975 to 2005, we conduct an extensive empirical analysis of the determinants of international reserve holdings. Four groups of determinants, namely, traditional macro variables, financial variables, institutional variables, and dummy...
Persistent link: https://www.econbiz.de/10010271960
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Does financial integration spur economic growth? : New evidence from the first era of financial globalization
Schularick, Moritz; Steger, Thomas M. - 2006
Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...
Persistent link: https://www.econbiz.de/10010276748
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Institutions and development : the interaction between trade regime and political system
Falkinger, Josef; Grossmann, Volker - 2004
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10010261261
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Globalization, redistribution, and the composition of public education expenditures
Baskaran, Thushyanthan; Hessami, Zohal - 2010
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments … towards lower education. In industrialized countries, on the other hand, globalization has an ambiguous effect on the …
Persistent link: https://www.econbiz.de/10010267052
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Exploring the intensive and extensive margins of world trade
Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to …
Persistent link: https://www.econbiz.de/10010274453