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Trade and Investment in the Global Economy
Anderson, James E. - 2017
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology capital. The model nests structural gravity sub-systems for FDI and trade, with accumulation/decumulation of phyisical and technology capital in transition to the steady state....
Persistent link: https://www.econbiz.de/10012453954
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Foreign Direct Investment, Trade and Real Exchange Rate Linkages in Developing Countries
Goldberg, Linda S. - 1997
We investigate the relationships among trade, foreign direct investment and the real exchange rate between a set of Southeast Asian and Latin American countries and both the United States and Japan. Foreign direct investment by both Japan and the United States to the Southeast Asian countries in...
Persistent link: https://www.econbiz.de/10012472472
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Trade, FDI, and the Organization of Firms
Helpman, Elhanan - 2006
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/10012466577
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Which Parts of Globalization Matter for Catch-up Growth?
Romer, Paul M. - 2010
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/10012462900
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Riding the Wave of Trade : Explaining the Rise of Labor Regulation in the Golden Age of Globalization
Huberman, Michael - 2009
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/10012463276
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Migration and Trade in a World of Technological Differences : Theory with an Application to Eastern-Western European Integration
Iranzo, Susana - 2007
Two prominent features of globalization in recent decades are the remarkable increase in trade and in migratory flows …
Persistent link: https://www.econbiz.de/10012465008
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Globalization and Inequality : Historical Trends
O'Rourke, Kevin H. - 2001
the links between them. In doing so, it distinguishes between (a) the different dimensions of globalization; and (b …) between-country and within-country inequality. Theory suggests that globalization will have very different implications for … within-country inequality, depending on the dimension of globalization involved (e.g. trade versus factor flows), on the …
Persistent link: https://www.econbiz.de/10012470385
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Post-Neoliberal Globalization : International Trade Rules for Global Prosperity
Guzman, Martín; Stiglitz, Joseph E. - National Bureau of Economic Research - 2024
This paper analyzes frameworks for the design of the rules for international trading, assuming that it is possible to have some rule of law. In the Arrow-Debreu benchmark, where there is no economic power and political power is seemingly irrelevant, there is no need for trade agreements - free...
Persistent link: https://www.econbiz.de/10014576561
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Appropriate Entrepreneurship? The Rise of China and the Developing World
Lerner, Joshua; Liu, Junxi; Moscona, Jacob; Yang, David Y. - National Bureau of Economic Research - 2024
Global innovation and entrepreneurship has traditionally been dominated by a handful of high-income countries, especially the US. This paper investigates the international consequences of the rise of a new hub for innovation, focusing on the dramatic growth of high-potential entrepreneurship and...
Persistent link: https://www.econbiz.de/10014512047
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Foreign Technology Adoption as a Flying Propeller
Hu, Yunfang; Kunieda, Takuma; Nishimura, Kazuo; Wang, Ping - National Bureau of Economic Research - 2023
We construct a dynamic general equilibrium model of foreign direct investment (FDI) and foreign technology adoption, incorporating adoption barriers, international technology spillover, and relative price advantages. A higher FDI conversion efficacy, a lower adoption barrier, or a stronger...
Persistent link: https://www.econbiz.de/10014250176