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Research in international trade has changed dramatically over the last twenty years, as attention has shifted from countries and industries towards the firms actually engaged in international trade. The now-standard heterogeneous firm model posits measure zero firms that compete under...
Persistent link: https://www.econbiz.de/10012981614
New developments in the world economy have triggered research designed to better understand the changes in trade and investment patterns, and the reorganization of production across national borders. Although traditional trade theory has much to offer in explaining parts of this puzzle, other...
Persistent link: https://www.econbiz.de/10013219328
Economists devote too much attention to international flows of goods and services and not enough to international flows of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook trade model shows that a welfare-enhancing move toward...
Persistent link: https://www.econbiz.de/10013070271
The received view pins the adoption of labor regulation before 1914 on domestic forces. Using directed dyad-year event history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to encourage a level playing field. The type of trade...
Persistent link: https://www.econbiz.de/10013150840
Two prominent features of globalization in recent decades are the remarkable increase in trade and in migratory flows …
Persistent link: https://www.econbiz.de/10012775557
What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing …
Persistent link: https://www.econbiz.de/10012759104
in approximately 4000 markets per country. We then move from groundnuts to globalization by building an exact TFP index …
Persistent link: https://www.econbiz.de/10012760652
Growth in international trade and globalization has been correlated in nearly all countries with a worsening of the … globalization in France has been a huge growth in vertical specialization -- the completion of the different production stages of a … good in different countries. By shifting relative labor demand across countries, globalization of this form could explain …
Persistent link: https://www.econbiz.de/10013218888
In this paper, we provide a case study of the impact of globalization on income inequality using data across Chinese … demonstrate a greater decline in urban-rural income inequality. Thus, globalization has helped to reduce, rather than increase …
Persistent link: https://www.econbiz.de/10013219685
Measured by the ratio of trade to output, the period 1870 1913 marked the birth of the first era of trade globalization …
Persistent link: https://www.econbiz.de/10013223049