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countries (LDCs) embarking on globalization, which enhances the prospect of direct technological imports or embodied … played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a …
Persistent link: https://www.econbiz.de/10010226717
In this paper an ex-post measurable definition of globalization has been used, namely increasing trade openness and FDI … other main findings of the paper are that: 1) the employment effect can be very diverse in different areas of the world …
Persistent link: https://www.econbiz.de/10003253463
"According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...
Persistent link: https://www.econbiz.de/10003451834