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In this paper we explore the hypothesis that the Swedish malaise comes from the interaction of the Swedish welfare state with changes in the global marketplace. External commerce can expose Swedish workers in exporting and import-competing industries to competition from low-wage foreign workers...
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The share in world exports of manufactured goods of U.S. multinational firms, including their majority-owned overseas affiliates, has been nearly stable since 1966. This stability, over a period in which the export share of the U.S. as a geographical entity was declining for the most part,...
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It is often argued that the globalization of production places workers in industrialized countries in competition with …
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The share of U.S. multinational firms in world exports of manufactures has remained almost constant at about 17 per cent for the last 20 years while that of the U.S. as a country has declined substantially. The composition of world manufactured exports shifted toward high-technology or...
Persistent link: https://www.econbiz.de/10013141154
This paper compares U.S.-owned affiliates with other firms in developing countries with respect to the shifts in sales from home to export markets in response to the debt crisis of the early 1980s. The U.S. affiliates in heavily indebted countries increased their exports and the share of their...
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This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign …
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This paper examines how international flows of technological knowledge affect economic performance across industries … are active across borders, we focus on international trade and multinational enterprise activity as conduits for … technology spillovers through international trade and the activity of multinational enterprises. The analysis also highlights …
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