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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

The Impact of Council's Internal Decision-Making Rules on the Future EU

Widgren, Mika - 2021

This paper deals with the voting rules in the EU Council. Both internal and external impact of the voting rules are evaluated. Internal impact affects the distribution of power among the member states and external impact affects power relations between the main decision-making bodies in the EU....

Persistent link: https://www.econbiz.de/10013316612

New Technologies, Global Value Chains, and the Developing Economies

Rodrik, Dani - 2019

Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...

Persistent link: https://www.econbiz.de/10012892047

Vertical Specialization, International Task Fragmentation, and Convergence

Marjit, Sugata; Oladi, Reza - 2021

In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small...

Persistent link: https://www.econbiz.de/10013314672

Structural Change in Production Networks and Economic Growth

Gaggl, Paul; Gorry, Aspen; vom Lehn, Christian - 2023

This paper studies structural change in production networks for intermediate inputs (input-output network) and new capital (investment network). For each network, we document a declining fraction of production by goods sectors and a rising fraction of production by services sectors. We develop a...

Persistent link: https://www.econbiz.de/10014348090

Automation, Global Value Chains and Functional Specialization

Fontagné, Lionel Gérard; Reshef, Ariell; Santoni, Gianluca - 2023

through which rapid robotization in China shaped robotization in Europe and, therefore, GVC participation. This highlights an …

Persistent link: https://www.econbiz.de/10014260701

Decoupling Global Value Chains

Eppinger, Peter; Felbermayr, Gabriel J.; Krebs, Oliver; … - 2021

Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...

Persistent link: https://www.econbiz.de/10013227605

Optimal Redistributive Wealth Taxation When Wealth is More than Just Capital

Franks, Max - 2020

We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find …

Persistent link: https://www.econbiz.de/10012841621

Top Incomes and Top Taxes in Germany

Corneo, Giacomo - 2006

We analyze the distribution and taxation of top incomes in Germany during the 1990s on the basis of individual tax returns data. We derive a measure of economic income from taxable gross income as reported in the tax returns. Thanks to complete sampling, we can deliver a very precise description...

Persistent link: https://www.econbiz.de/10012781544

Salience of Inherited Wealth and the Support for Inheritance Taxation

Bastani, Spencer - 2019

We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in … aggregate importance of inherited wealth and its link to inequality of opportunity significantly increases the support for …. Changes in the perceived economic importance of inherited wealth and altered views on whether luck matters most for economic …

Persistent link: https://www.econbiz.de/10012892104

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