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Today’s global world is characterized not only by a high volume ofinternational trade and foreign investment relativeto national income, but also by a changed composition of that tradetowards a greater fraction of trade in inputs andcapital goods and outsourcing of production.. Emphasized is...
Persistent link: https://www.econbiz.de/10011303880
During the last decades, the growth of trade between China and the Netherlands has been larger than the increase in bilateral trade flows between China and most other countries. Using a time series based gravity model, this paper investigates the main determinants of this increase. The empirical...
Persistent link: https://www.econbiz.de/10011374425
This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment … and asks whether and how financial globalization is linked with the foreign direct investment decisions of non … financial globalization provides a reduction in broadly defined transaction costs which can boost both trade and foreign direct …
Persistent link: https://www.econbiz.de/10011563060
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We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between...
Persistent link: https://www.econbiz.de/10011334843
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Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between …
Persistent link: https://www.econbiz.de/10011378320
This note identifies profit shifting in response to cross-countrydifferences in corporate tax rates as a source of productivitymismeasurement. To quantify the magnitude of mismeasurement, theprofit-shifting effect is isolated from other possible effects ofcorporatetax rates changes on real...
Persistent link: https://www.econbiz.de/10011304391
paper deals with the determinants of entrepreneurship. An eclectic theory ofentrepreneurship is introduced. This eclectic … theory provides an integrated framework,drawing on disparate strands of literature, to create a better understanding of the …
Persistent link: https://www.econbiz.de/10011316884
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