Similar Search Results

Trade openness and income inequality : new empirical evidence

Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2021

We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...

Persistent link: https://www.econbiz.de/10012599018

Globalization, time-preferences, and populist voting

Aronsson, Thomas; Hetschko, Clemens; Schöb, Ronnie - 2020

Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics … model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs … and delayed gains. The model shows that impatient individuals may reject further globalization if they are subject to …

Persistent link: https://www.econbiz.de/10012258291

Multinationals, robots, and the labor share

Leone, Fabrizio - 2024

Using a panel of Spanish manufacturing firms covering the 1990-2017 period, I document new evidence about affiliates of multinational enterprises (MNEs): after being acquired, they exhibit a higher propensity to use robots, which leads to a reduction in their labor share. These effects are...

Persistent link: https://www.econbiz.de/10015077751

Redistribution in a globalized world

Agrawal, David R.; Foremny, Dirk - 2022

consider some of the implications of globalization for policy design, both within federal systems and across countries …. Although globalization poses new challenges for fiscal systems, it does not necessarily imply that redistributive policy …

Persistent link: https://www.econbiz.de/10013457362

Sixty years of global inflation : a post-GFC update

Auer, Raphael A.; Pedemonte, Mathieu; Schoenle, Raphael - 2024

Is inflation (still) a global phenomenon? We study the international co-movement of inflation based on a dynamic factor model and in a sample spanning up to 56 countries during the 1960-2023 period. Over the entire period, a first global factor explains approximately 58% of the variation in...

Persistent link: https://www.econbiz.de/10014551069

Global taxation and national welfare states

Jha, Priyaranjan; Mukherjee, Rahul - 2023

This paper studies the effects of globalization on the ability of governments to generate tax revenues for the … size and factor abundance. It then draws on existing empirical evidence to outline the effects of globalization on capital …

Persistent link: https://www.econbiz.de/10014306784

A rising tide? : the local incidence of the second wave of globalization

Gray, Rowena; Wright, Greg C. - 2022

We estimate the short- and long-run local labor market impacts of the large increase in U.S. imports and exports that occurred over the 1970s. We exploit the sequential opening of overseas shipping container ports over the period, which generated discontinuous changes in U.S. trade ows. We find...

Persistent link: https://www.econbiz.de/10013186771

Trade in times of uncertainty

Matzner, Anna Hilda; Meyer, Birgit; Oberhofer, Harald - 2023

This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...

Persistent link: https://www.econbiz.de/10013550200

Natural disasters and the effect of trade on income : a new panel IV approach

Felbermayr, Gabriel; Gröschl, Jasmin Katrin - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Persistent link: https://www.econbiz.de/10009240715

The collapse speed of China's exports in the 2008-2009 financial crisis

Jing, Ran - 2011

This paper studies the performance of China's exports during the 2008-2009 financial crisis. It focuses on the speed at which China's exports were hit by this downturn. Product-country monthly exports data is utilized. It is found that GDP growth rates of importing countries play an important...

Persistent link: https://www.econbiz.de/10009303944