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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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Globally Engaged Firms in the COVID-19 Crisis
Constantinescu, Cristina; Fernandes, Ana M.; Poupakis, … - 2022
, those directly involved with international markets show better recovery than the ones that were indirectly involved. These …
Persistent link: https://www.econbiz.de/10013291442
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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 …. The MP links significantly amplified the impact of these shocks on the rest of the world, which had a much greater impact …
Persistent link: https://www.econbiz.de/10014358332
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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 … guide our theoretical analysis. We propose a model of global sourcing and international trade in which heterogeneous NGOs … campaign against heterogeneous firms in response to infringements along their international value chains. We find that …
Persistent link: https://www.econbiz.de/10013228853
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Does Religious Diversity Improve Trust and Performance? Evidence from Lebanon
Canaan, Serena; Deeb, Antoine; Mouganie, Pierre - 2022
Religious divisions have long played a primary role in major conflicts throughout much of the world. Intergroup contact …
Persistent link: https://www.econbiz.de/10014077337
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Growing like China : firm performance and global production line position
Chor, Davin; Manova, Kalina; Yu, Zhihong - 2020 - Version of August, 2020
Global value chains have fundamentally transformed international trade and development in recent decades. We use …
Persistent link: https://www.econbiz.de/10012501399
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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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Does Birthplace Diversity Affect Economic Complexity? Cross-Country Evidence
Bahar, Dany - 2019
We empirically investigate the relationship between a country's economic complexity and the diversity in the birthplaces of its immigrants. Our cross-country analysis suggests that birthplace diversity is strongly and positively associated with economic complexity. This holds particularly for...
Persistent link: https://www.econbiz.de/10012858669
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Cultural Distance, Firm Boundaries, and Global Sourcing
Gorodnichenko, Yuriy; Kukharskyy, Bohdan; Roland, Gérard - 2023
Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms’ decisions to integrate their...
Persistent link: https://www.econbiz.de/10014346366
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The Global Effects of COVID-19-Induced Uncertainty
Caggiano, Giovanni - 2020
We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world … outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14% …
Persistent link: https://www.econbiz.de/10012834352