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International Comovement in the Global Production Network
Huo, Zhen - 2019
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012867903
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Knowledge Transfer Abroad : The Role of U.S. Inventors within Global R&D Networks
Branstetter, Lee - 2018
The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012922984
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Migration, Spillovers,And Trade Diversion : The Impact of Internationalization on Stock Market Liquidity
Levine, Ross; Schmukler, Sergio L. - 2021
What is the impact of firms that cross-list, issue depositary receipts, or raise capital in international stock markets on the liquidity of remaining firms in domestic markets? Using a panel of over 3,200 firms from 55 countries during 1989-2000, we find that internationalization reduces the...
Persistent link: https://www.econbiz.de/10013234046
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Internationalized Production in World Output
Lipsey, Robert E.; Blomstrom, Magnus; Ramstetter, Eric D. - 2021
,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars … over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 …
Persistent link: https://www.econbiz.de/10013238944
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Innovation and Production in the Global Economy
Arkolakis, Costas - 2015
of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …
Persistent link: https://www.econbiz.de/10013035693
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The it Revolution and the Globalization of R&D
Branstetter, Lee - 2018
markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software … three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … large quantities of STEM workers who possessed IT and software skills. Our findings support the view that the globalization …
Persistent link: https://www.econbiz.de/10012916620
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The Global Agglomeration of Multinational Firms
Alfaro, Laura - 2010
The explosion of multinational activities in recent decades is rapidly transforming the global landscape of industrial production. But are the emerging clusters of multinational production the rule or the exception? What drives the offshore agglomeration of multinational firms in comparison to...
Persistent link: https://www.econbiz.de/10013149830
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Globalization, Technology, and the Skill Premium : A Quantitative Analysis
Burstein, Ariel T. - 2010
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
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Globalized Israel : High Tech Prowess and Buttressing FDI
Razin, Assaf - 2017
The paper reviews the crucial role which globalization forces played in Israel's transformation from low tech to high …
Persistent link: https://www.econbiz.de/10012960794
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Innovation, Knowledge Diffusion, and Globalization
Lind, Nelson - 2018
We review a recent body of theoretical literature that links the creation and diffusion of knowledge and technology to openness. We analyze two channels through which the spread of new ideas occurs: international trade and the activity of multinational firms (multinational production). The...
Persistent link: https://www.econbiz.de/10012910654