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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
analysis in the context of economic globalization and the demand for labor as well as long run international output …
Persistent link: https://www.econbiz.de/10011452235
- globalization, technological advance and financialization (GTF) - that have weakened the connections between economies and societies …
Persistent link: https://www.econbiz.de/10012583534
, in contrast, that σ is affected by both globalization and technology, and that different intensities in these drivers … substitution between capital and labor is below unity; that it increases along with the degree of globalization; but it decreases …-output ratio on the labor share irrespective of the degree of globalization (which would be consistent with an average aggregate …
Persistent link: https://www.econbiz.de/10011704348
This paper aims to provide a critical overview of the drivers that the relevant theoretical and empirical literature suggests being crucial in dealing with the challenges an emerging country may encounter in its attempts to further catch-up a higher income status, with a particular focus devoted...
Persistent link: https://www.econbiz.de/10011916217
This paper discusses the occurrence of Skill-Enhancing Technology Import (SETI), namely the relationship between imports of embodied technology and widening skill-based employment differentials in a sample of low and middle income countries (LMICs). In doing so, this paper provides a direct...
Persistent link: https://www.econbiz.de/10003595605
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10009548636
The deterioration of the income and employment position of unskilled workers in the OECD area since the 1980s is a well-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade" or "globalisation" and technological progress....
Persistent link: https://www.econbiz.de/10011402769
Persistent link: https://www.econbiz.de/10002122032
In this paper I discuss a structural problem facing the United States with respect to our policy responses in the context of trade and technological change and their impact on workers. Both trade and technological change have put enormous pressure on the U.S. economy to raise the skill level of...
Persistent link: https://www.econbiz.de/10002659566