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horizon of the workers. Unskilled workers in the unskilledintensive sector are the ones most in favor of protectionism and …
Persistent link: https://www.econbiz.de/10011654960
This paper studies the effects of protectionism as a business cycle instrument. In normal times, protectionism reduces … international trade, distorts production and reduces output. However, in a liquidity trap protectionism lowers the real interest …
Persistent link: https://www.econbiz.de/10011490262
. Protectionism can have many different faces. It can come in the form of Buy-American clauses of stimulus packages, as an increase in …
Persistent link: https://www.econbiz.de/10010285719
up with two rationales that help to understand why countries nevertheless consider protectionism to be a good response to …
Persistent link: https://www.econbiz.de/10010265837
Urban concentration differs across countries. One determinant of these differences is economic development, which first increases and subsequently decreases urban concentration. I condition the degree of urban concentration on the potential of countries to develop a balanced urban system. These...
Persistent link: https://www.econbiz.de/10010275324
This paper sets up an economic geography model to show the endogenous forces that determine the degree of industry concentration in the course of economic development. The model includes centrifugal forces, such as home market effects and access to intermediate suppliers, and centripetal forces,...
Persistent link: https://www.econbiz.de/10010275339
This paper studies the relationship between Asia's economic engagements in Africa and individual African nations' participation in global value chains (GVC) over the past two decades. We find that while overall exports from Africa to Asia are still highly concentrated in resource-intensive...
Persistent link: https://www.econbiz.de/10012234815
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of...
Persistent link: https://www.econbiz.de/10011372122
We compare the performance of Northern and Southern multinationals in Sub-Saharan Africa, and contrast it with local firms in the host country. Employing unique firm level data for 19 Sub-Saharan African countries, we show that firms receiving FDI outperform domestic ones, while the origin of...
Persistent link: https://www.econbiz.de/10011659398
This paper provides empirical evidence on how the international diffusion of industrial process innovations is affected by a country's level of economic development. It analyses annual data on newly installed machinery in the spinning and weaving industries, where open-end rotors and shuttleless...
Persistent link: https://www.econbiz.de/10010261749