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Incomplete Contracts and the Impact of Globalization on Consumer Welfare
Defever, Fabrice - 2014
We embed a North-South trade model into an incomplete contracts setting where the production of heterogeneous firms can be geographically separated. When a Northern headquarter contracts with a Southern supplier instead of a Northern supplier, the presence of international incomplete contracts...
Persistent link: https://www.econbiz.de/10013067873
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Outsourcing, Public Input Provision and Policy Cooperation
Aronsson, Thomas; Koskela, Erkki - 2021
This paper concerns public input provision as an instrument for redistribution under international outsourcing by using a model-economy comprising two countries, North and South, where firms in the North may outsource part of their low-skilled labor intensive production to the South. We consider...
Persistent link: https://www.econbiz.de/10013316274
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Intellectual Property Rights, Technology Transfer and Exports in Developing Countries
Yang, Lei; Maskus, Keith E. - 2021
We develop a model to analyze one mechanism under which stronger intellectual property rights (IPR) protection may improve the ability of firms in developing countries to break into export markets. A Northern firm with a superior process technology chooses either exports or technology transfer...
Persistent link: https://www.econbiz.de/10013316444
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How Trade Unions Increase Welfare
Donado, Alejandro; Wälde, Klaus - 2021
Historically, worker movements have played a crucial role in making workplaces safer. Firms traditionally oppose better health standards. According to our interpretation, workplace safety is costly for firms but increases the average health of workers and thereby the aggregate labour supply. A...
Persistent link: https://www.econbiz.de/10013315955
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Trade Unions Go Global!
Donado, Alejandro; Wälde, Klaus - 2021
Worker movements played a crucial role in making workplaces safer. Workplace safety is costly for firms but increases labour supply. A laissez-faire approach leaving safety of workplaces unknown is suboptimal. Safety standards set by better-informed trade unions are output and welfare...
Persistent link: https://www.econbiz.de/10013316484
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Workers without Borders? Culture, Migration and the Political Limits to Globalization
Jain, Dr. Sanjay; Majumdar, Sumon; Mukand, Sharun - 2021
This paper examines the role of cultural factors in driving the politics and shape of migration policy. We show that there exists a broad political failure that results in inefficiently high barriers restricting the import of temporary foreign workers and also admitting an inefficiently large...
Persistent link: https://www.econbiz.de/10013316248
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Globalization, Jobs, and Welfare : The Roles of Social Protection and Redistribution
Ranjan, Priya - 2015
This paper studies the welfare and policy implications of globalization when risk averse workers face the risk of … unemployment. If the jobs performed by domestic workers can be easily substituted by imports, then globalization reduces wages and … increases unemployment. In this situation, in the absence of any government intervention globalization not only reduces the …
Persistent link: https://www.econbiz.de/10013028782
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North-South Technology Transfer in Unionised Multinationals
Lommerud, Kjell Erik - 2010
We study how incentives for North-South technology transfers in multinational enterprises are affected by labour market institutions. If workers are collectively organised, incentives for technology transfers are partly governed by firms' desire to curb trade union power. This will affect not...
Persistent link: https://www.econbiz.de/10013135262
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Location of Foreign Direct Investment in Vertically Related Markets
Milliou, Chrysovalantou - 2013
We provide an alternative explanation for the commonly observed FDI in developed countries (DCs) considering a vertically related market structure and endogenizing vertical technology transfer (VTT). We show that even though VTT is more costly in a less developed country (LDC), a multinational...
Persistent link: https://www.econbiz.de/10013086408
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Intellectual Property Rights, Multinational Firms and Technology Transfers
Biancini, Sara - 2018
Intellectual Property Rights (IPR) protect firms from imitation and are considered crucial to promote innovation and technological diffusion. This paper examines the impact of IPR on import sourcing decisions of multinationals. We consider a framework in which firms offshore production of an...
Persistent link: https://www.econbiz.de/10012929260