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Globalization of the world economy : what happened in 1985?
Kleinert, Jörn - 2000
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization …
Persistent link: https://www.econbiz.de/10011476519
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Do we have to consider international capital mobility in trade models?
Springer, Katrin - 2000
The traditional trade theory predicts that trade in goods perfectly substitutes for direct movement of factors. This equivalence between goods trade and factor movements, however, depends crucially on assumptions about the production. This paper establishes necessary and sufficient conditions...
Persistent link: https://www.econbiz.de/10011475988
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Openness, intermediate imports and growth
Kopp, Andreas - 2000
We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...
Persistent link: https://www.econbiz.de/10011472478
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Network effects on international trade
Lee, Jaehwa - In: Economics letters 116 (2012) 2, pp. 199-201
Persistent link: https://www.econbiz.de/10009674496
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Business cycle volatility and globalization : a survey
Buch, Claudia M. - 2002
The globalization of capital and product markets has many implications for economic welfare. Countries can specialize …, one potentially adverse effect of globalization is the possibility that business cycle volatility might increase. Rapid …
Persistent link: https://www.econbiz.de/10011474806
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Foreign direct investment and environmental taxes
De Santis, Roberto A.; Stähler, Frank - 2000
This paper discusses environmental policies in response to foreign direct investment (FDI) in a symmetrie two-country setting, where firms' behavior affects government policy decisions. We show that two alternative equilibria with FDI are possible: (i) one with unilateral FDI, where one firm is...
Persistent link: https://www.econbiz.de/10011473794
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Bilateral trade and similarity of income distributions : the role of second moments
Eppinger, Peter S.; Felbermayr, Gabriel - In: Economics letters 126 (2015), pp. 159-162
Persistent link: https://www.econbiz.de/10011377241
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Economic impact of climate change : simulations with a regionalized climate-economy model
Deke, Oliver; Hooss, Kurt Georg; Kasten, Christiane; … - 2001
Climate change affects the physical and biological system in many regions of the world. The extent to which human … disaggregated framework to analyze adaptation to climate change in different regions of the world. It turns out that vulnerability …
Persistent link: https://www.econbiz.de/10011490682
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Financial openness and business cycle volatility
Buch, Claudia M.; Döpke, Jörg; Pierdzioch, Christian - 2002
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10011475038
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Financial globalization, financial frictions and optimal monetary policy
Faia, Ester; Iliopulos, Esti - 2010
How should monetary policy be optimally designed in an environment with high degrees of financial globalization? To … answer this question we lay down an open economy model where net lending toward the rest of the world is constrained by a … versus pegged) shows that the impossible trinity is reversed: a higher degree of financial globalization, by inducing more …
Persistent link: https://www.econbiz.de/10003985521