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between globalization and factor prices. Under some restrictions, changes in the "factor content of trade" are sufficient …
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"We construct a model of international trade and multinational production (MP) to examine the impact of globalization …
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We construct a model of international trade and multinational production (MP) to examine the impact of globalization on …
Persistent link: https://www.econbiz.de/10013137021
A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different … top of these chains. This suggests that the consequences of globalization on wage inequality may be very different in …
Persistent link: https://www.econbiz.de/10013107972
general results are then used to generate new insights about the consequences of globalization …
Persistent link: https://www.econbiz.de/10012757956
This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good. Production of the final good is sequential and subject to mistakes. In the unique...
Persistent link: https://www.econbiz.de/10013127420