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Catching Up with the West : Chinese Pathways to the Global Middle Class
Gustafsson, Björn - 2019
We investigate whether Chinese household incomes have caught up to those of the middle class in the developed world. Using nationwide survey data for 2002 and 2013, we find considerable catch up. Defining the global middle class as being neither poor nor rich in the developed world, we estimate...
Persistent link: https://www.econbiz.de/10012870136
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Drivers and Impacts in the Globalization of Corporate R&D : An Introduction Based on the European Experience
Moncada-Paternò-Castello, Pietro - 2014
The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture …-intensive businesses has led researchers and analysts to pursue a deeper understanding of the globalization of corporate R&D and the … related driving factors and impacts. This introduction to the Special Section: "Globalization and Corporate R&D" forthcoming …
Persistent link: https://www.econbiz.de/10013068355
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Migration, International Trade and Capital Formation : Cause or Effect?
Felbermayr, Gabriel J. - 2012
technology, globalization tends to lead to convergence. Moreover, under non-convex technology trade and migration tend to be …
Persistent link: https://www.econbiz.de/10013098128
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Globalization and Wage Convergence : Mexico and the United States
Gandolfi, Davide - 2014
Neoclassical trade theory suggests that factor price convergence should follow increased commercial integration. Rising commercial integration and foreign direct investment followed the 1994 North American Free Trade Agreement between the United States and Mexico. This paper evaluates the degree...
Persistent link: https://www.econbiz.de/10013051809
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Intangible Capital and Growth in Advanced Economies : Measurement Methods and Comparative Results
Corrado, Carol A. - 2012
Persistent link: https://www.econbiz.de/10013103469
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Entrepreneurship in Advanced and Developing Countries : A Microeconomic Perspective
Vivarelli, Marco - 2012
The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...
Persistent link: https://www.econbiz.de/10013106954
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Youth Labour Markets in Developing and Developed Countries : the Role of the Sectoral Composition of Production
Junankar, P. N. Raja - 2019
In this paper we explore the role of the sectoral composition of gross domestic product (GDP) in explaining the behaviour of youth labour markets. We provide a comparison of the behaviour of youth unemployment rates, employment-population rates, and labour force participation rates between...
Persistent link: https://www.econbiz.de/10012870223
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Robots at Work
Graetz, Georg - 2015
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a panel of industries in 17 countries from 1993-2007.We...
Persistent link: https://www.econbiz.de/10013024924
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Trends in Hours and Economic Growth
Ngai, Rachel; Pissarides, Christopher A. - 2021
We study long-run trends in market hours of work and employment shifts across economic sectors driven by uneven TFP growth in market and home production. We focus on the substitutions between market and home production and on the structural transformation between agriculture, manufacturing and...
Persistent link: https://www.econbiz.de/10013317253
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Rising Wages : Has China Lost its Global Labor Advantage?
Yang, Dennis Tao - 2010
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics. Although real wages increased seven-fold during the period, growth was uneven across ownership types, industries and regions. Since the late 1990s, the wages of state-owned...
Persistent link: https://www.econbiz.de/10013141714