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Why Not Africa?
Freeman, Richard B.; Lindauer, David L. - 2021
Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments in education as a prerequisite for more rapid growth is misplaced; that greater openness is far from sufficient to insure economic progress; that income inequality and urban bias...
Persistent link: https://www.econbiz.de/10013222904
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International Joint Ventures and Internal vs. External Technology Transfer : Evidence from China
Jiang, Kun - 2018
We study the economics of international joint ventures with administrative data for China exploiting the change in foreign direct investment policy as China entered the WTO in the year 2002. Accounting for a quarter of all international joint ventures worldwide, we first show that foreign...
Persistent link: https://www.econbiz.de/10012922982
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Why Do Multinational Firms Seek Out Joint Ventures?
Blomstrom, Magnus; Zejan, Mario - 2021
This paper uses a model of dichotomous choice to distinguish the characteristics of Swedish multinational firms that seek out joint ventures from those that do not. The findings suggest that firms with little experience of foreign production and highly diversified product lines are the most...
Persistent link: https://www.econbiz.de/10013244752
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The Economic Tragedy of the Xxth Century : Growth in Africa
Vila-Artadi, Elsa; Sala-i-Martin, Xavier - 2021
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of per capita GDP for the continent as a whole and for subset of countries south of the Sahara desert. We document the worsening of various income inequality indexes and we...
Persistent link: https://www.econbiz.de/10013223305
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A Linder Hypothesis for Foreign Direct Investment
Fajgelbaum, Pablo D. - 2014
We study patterns of FDI in a multi-country world economy. We develop a model featuring non-homothetic preferences for quality and monopolistic competition in which specialization is purely demand-driven and the decision to serve foreign countries via exports or FDI depends on a...
Persistent link: https://www.econbiz.de/10013067204
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Why are the Critics so Convinced that Globalization is Bad for the Poor?
Aisbett, Emma - 2014
Proponents of globalization often conclude that its critics are ignorant or self-motivated. In doing so, they have … missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on … the current model of globalization. This paper examines the values, beliefs and facts that lead critics to the view that …
Persistent link: https://www.econbiz.de/10013065371
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Globalization, Labor Income, and Poverty in Mexico
Hanson, Gordon H. - 2014
's decade of globalization in the 1990's. I focus the analysis on men born in states with either high-exposure or low …-exposure to globalization, as measured by the share of foreign direct investment, imports, or export assembly in state GDP …
Persistent link: https://www.econbiz.de/10013065640
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Global Wealth Inequality
Zucman, Gabriel - 2019
financial globalization makes it increasingly hard to measure wealth at the top. I discuss how new data sources (leaks from …
Persistent link: https://www.econbiz.de/10012894436
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Matching and Inequality in the World Economy
Costinot, Arnaud - 2010
general results are then used to generate new insights about the consequences of globalization …
Persistent link: https://www.econbiz.de/10012757956
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Globalization and Income Distribution : A Specific Factors Continuum Approach
Anderson, James E. - 2010
Does globalization widen inequality or increase income risk? In the specific factors continuum model of this paper …, globalization widens inequality, amplifying the positive (negative) premia for export (import- competing) sectors. Globalization …
Persistent link: https://www.econbiz.de/10012758013