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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

Automation, global value chains and functional specialization

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

We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and business function specialization in a sample of 14 manufacturing industries in 14 European countries in 1999-2011. Our main contribution is to highlight the indirect effect of...

Persistent link: https://www.econbiz.de/10013549118

Globalization, wage polarization, and the unstable great ratio

Cozzi, Guido; Impullitti, Giammario - 2014

The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...

Persistent link: https://www.econbiz.de/10010417976

Asymmetries in global value chain integration, technology and employment structures in Europe : country and sectoral evidence

Bontadini, Filippo; Evangelista, Rinaldo; Meliciani, … - 2021

This paper provides empirical evidence on the complex role played by technology in affecting the relationship between the participation of EU countries and industries in Global Value Chains (GVCs) and their employment structure over the period 2000-2014. The empirical analysis is based on...

Persistent link: https://www.econbiz.de/10012692280

Fragmentation, globalization and labor markets

Burda, Michael C.; Dluhosch, Barbara - 2000

-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

Real and monetary challenges to wage policy in Germany at the turn of the millennium : technical progress, globalization and European monetary union

Franz, Wolfgang - 1999

At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....

Persistent link: https://www.econbiz.de/10009781695

Back to Kyoto? : US participation and the linkage between R&D and climate cooperation

Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor; … - 2002

The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...

Persistent link: https://www.econbiz.de/10011409394

Do civil and political repression really boost foreign direct investments?

Harms, Philipp; Ursprung, Heinrich W. - 2001

Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives...

Persistent link: https://www.econbiz.de/10011397998

Globalization, inequality, and redistribution : theory and evidence

Gozgor, Giray; Ranjan, Priya - 2015

This paper constructs a simple theoretical model to study the implications of globalization for inequality and … redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and …

Persistent link: https://www.econbiz.de/10011343065

Did globalization influence credit market deregulation?

Eppinger, Peter S.; Potrafke, Niklas - 2015

We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …

Persistent link: https://www.econbiz.de/10010528971

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