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Persistent link: https://www.econbiz.de/10009615299
The COVID-19 pandemic has led to an unprecedented collapse in global economic activity and trade. The crisis has also highlighted the role played by global value chains (GVC), with countries facing shortages of components vital to everything from health systems to everyday household goods....
Persistent link: https://www.econbiz.de/10012252668
How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both...
Persistent link: https://www.econbiz.de/10011978592
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10011978553
We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five …
Persistent link: https://www.econbiz.de/10011978678
We analyze microdata from Mexico's survey on household income and expenditures (ENIGH) to study the evolution of income … inequality in Mexico over 2004-16, identify its sources, and investigate how it was affected by government social policy. We find …
Persistent link: https://www.econbiz.de/10012102100
This paper examines the variation in life cycle growth across the universe of Mexican firms. We establish two stylized facts to motivate our analysis: first, we show that firm size matters for development by illustrating a close correlation with state-level per capita incomes. Second, we show...
Persistent link: https://www.econbiz.de/10012102218
Persistent link: https://www.econbiz.de/10011281191
This paper assesses the real effects of the energy reform in Mexico by looking at its impact on manufacturing output …
Persistent link: https://www.econbiz.de/10011281920
Persistent link: https://www.econbiz.de/10010441751