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We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share of total output will equal its shares of total stocks of productive factors (i.e., physical and human capital). We label this result the equal-share relationship. This...
Persistent link: https://www.econbiz.de/10010325430
We first demonstrate that, within a fully integrated economy (FIE) in which there is free mobility of goods and factors, each FIE member's share of total FIE output will equal its shares of the total FIE stock of each productive factor. This equal-share property implies that, if economic...
Persistent link: https://www.econbiz.de/10010325479
A major question in the globalization debate is whether outsourcing and offshoring activities are beneficial to the … suggests that the effect of offshoring manufacturing and services on total factor productivity (TFP) is positive and larger …
Persistent link: https://www.econbiz.de/10010325596
-house offshoring to China is a major determinant of Dutch import growth from China. Dutch firms tend to offshore production in …
Persistent link: https://www.econbiz.de/10010326028
Is working more than monetary income? This paper attempts to give an answer to this question on the basis of the German Socio-economic Panel data set. By comparing the satisfaction with life between workers and non-workers with the same household income, the monetary value of participating in...
Persistent link: https://www.econbiz.de/10010324826
Although many have expressed concern over whether generous welfare policies discourage the employment of single mothers … employment. Using the Luxembourg Income Study (LIS), we conduct a cross-national, multi-level analysis of the effects of social … policy generosity on single mother employment in 17 affluent democracies. We find high rates of single mother employment …
Persistent link: https://www.econbiz.de/10010335452
educational achievements, but that it may also leave a long-lasting imprint in terms of employment and fertility patterns. …
Persistent link: https://www.econbiz.de/10010285723
negative effect on the wage of the low-skilled at the bottom of the wage distribution. With lower returns from employment, the …. The findings provide evidence against the commonly used argument that wage flexibility improves the employment prospects …
Persistent link: https://www.econbiz.de/10010335418
, the United Kingdom, and the United States. The paper compares trends in the household living arrangements, employment … this general pattern. Between the mid-1980s and 2000 employment rates improved among young Americans in their late 20s and … early 30s, and earnings levels either remained stable or increased modestly. The stability of U.S. employment levels helped …
Persistent link: https://www.econbiz.de/10010335462
It is well established that class and gender predict occupational placement across advanced industrialized countries. In exploratory analyses the authors document a third dimension to occupational segregation associated with family responsibilities, and consider explanations for cross- national...
Persistent link: https://www.econbiz.de/10010335586