Showing 1 - 10 of 18
The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...
Persistent link: https://www.econbiz.de/10012465599
primary schooling and literacy revolution in Europe. Under what conditions would we expect the same responses to globalization … in today’s world? This paper argues that modern debates about inequality and schooling responses to globalization …
Persistent link: https://www.econbiz.de/10012466110
The world has seen two globalization booms over the past two centuries, and one bust. The first global century ended … globalization on commodity price structure, the causes of protection, the impact of world migration on poverty eradication, and the …
Persistent link: https://www.econbiz.de/10012469549
globalization has raised inequality between nations, but that it has had no clear effect on inequality within nations. This paper … argues that the likely impact of globalization on world inequality has been very different from what these simple … correlations suggest. Globalization probably mitigated rising inequality between participating nations. The nations that gained the …
Persistent link: https://www.econbiz.de/10012470496
The late 19th and the late 20th century shared more than simply globalization and convergence. Globalization also seems … Borjas and Wood think that globalization accounted for something like a third to a half of the rise in inequality in America … more than a half of the falling inequality in Europe. It also appears that the inequality trends which globalization …
Persistent link: https://www.econbiz.de/10012473368
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
, Sweden and the USA. These 19 countries form the panel data base which is used to explore the determinants of wage …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …
Persistent link: https://www.econbiz.de/10012470966
Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … integration of markets between trading economies (e.g., the central manifestation of globalization, commodity price convergence …
Persistent link: https://www.econbiz.de/10012471135
This paper uses a new pre-1940 Third World data base documenting real wages and relative factor prices to explore their determinants. There are three possibilities: external price shocks, factor endowment changes, and technological change. As the paper's title suggests, technological change is...
Persistent link: https://www.econbiz.de/10012471648
could be an important omission. This paper explores the issue with a panel data base 1870-1950 for eleven OECD countries. It …
Persistent link: https://www.econbiz.de/10012471649