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Persistent link: https://www.econbiz.de/10003379797
This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number …
Persistent link: https://www.econbiz.de/10009011959
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 …-2006 period.--globalization ; public education ; composition of public spending …
Persistent link: https://www.econbiz.de/10003928775
; incomplete contracts ; evolutionary game theory ; culture ; trade integration ; factor mobility ; globalization …
Persistent link: https://www.econbiz.de/10003882529
In this paper, we merge the heterogenous firm trade model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale,...
Persistent link: https://www.econbiz.de/10009375055
Persistent link: https://www.econbiz.de/10003662722
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012213059
In this paper, we introduce the fairness approach to efficiency wages into a standard model of international fragmentation. This gives us a theoretical framework in which wage inequality and unemployment rates are co-determined and therefore the public concern can be addressed that international...
Persistent link: https://www.econbiz.de/10003204008
structure by monopolistically competitive firms. An expansion of the integrated trading area can induce globalization not only …
Persistent link: https://www.econbiz.de/10009780202
-skilled labor, this form of globalization can induce labor market effects similar to those caused by skill-biased technical change …
Persistent link: https://www.econbiz.de/10009781633