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The bazaar effect, unbundling of comparative advantage, and migration
Kohler, Wilhelm K. - 2007
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...
Persistent link: https://www.econbiz.de/10010274459
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Will Markets Provide Humane Jobs? A Hypothesis
Nekoei, Arash - 2022
Most of the key amenities of our today jobs did not emerge in private contracts; instead, they appeared in collective agreements and regulations. I argue that understanding this observation can guide the provision of future amenities. I show that markets underprovide an amenity if workers who...
Persistent link: https://www.econbiz.de/10013307213
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Think Global, Act Local! A Mechanism for Global Commons and Mobile Firms
Ahlvik, Lassi - 2019
It is tricky to design local regulations on global externalities, especially so if firms are mobile. We show that when costs and outside options are firms’ private information, the threat of firm relocation leads to local regulations that are stricter, not looser. This result is general and...
Persistent link: https://www.econbiz.de/10012871745
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Multinational Production and Global Shock Propagation During the Great Recession
Li, Haishi - 2023
Did multinational production (MP) exacerbate or mitigate the collapse of international trade during the Great Recession? What role did MP and trade links play in propagating economic shocks across countries? I resolve the “Multinationals’ Resilience Puzzle” during the Great Recession by...
Persistent link: https://www.econbiz.de/10014358332
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Technology Transfer in Global Value Chains
Sampson, Thomas - 2022
Firm-to-firm relationships in global value chains create opportunities for North-South technology diffusion. This paper studies technology transfer in value chains when contracts are incomplete and input production technologies are imperfectly excludable. The paper introduces a new taxonomy of...
Persistent link: https://www.econbiz.de/10013307214
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Local Global Watchdogs : Trade, Sourcing and the Internationalization of Social Activism
Koenig, Pamina; Krautheim, Sebastian; Löhnert, Claudius; … - 2021
feature of economic globalization. What determines the patterns of the internationalization of NGO campaigns? Stylized facts …
Persistent link: https://www.econbiz.de/10013228853
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Globally Engaged Firms in the COVID-19 Crisis
Constantinescu, Cristina; Fernandes, Ana M.; Poupakis, … - 2022
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013291442
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Can deunionization lead to international outsourcing?
Lommerud, Kjell Erik; Meland, Frode; Straume, Odd Rune - 2005
. Such outsourcing leads to increased wages for the remaining inhouse production. We find that stronger unions, which imply … higher domestic wages, reduce incentives for international outsourcing. Though somewhat surprising, this result provides a … theoretical reconciliation of the empirically observed trends of deunionization and increased international outsourcing in many …
Persistent link: https://www.econbiz.de/10010261336
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Do Multinationals Transplant Their Business Model?
Marin, Dalia - 2019
theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic … test the theory with original and matched parent and affiliate data on the level of decentralization of 660 Austrian and …
Persistent link: https://www.econbiz.de/10012860290
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Profit-Sharing Rules and the Taxation of Multinational Internet Platforms
Bloch, Francis - 2019
This paper analyzes taxation of an Internet platform attracting users from different jurisdictions. When corporate income tax rates are different in the two jurisdictions, the platform distorts prices and outputs in order to shift profit to the low-tax country. We analyze the comparative statics...
Persistent link: https://www.econbiz.de/10012861455