Showing 1 - 10 of 374
India's emergence in the world economy over the last decade, has often, in popular discourse, been attributed, at least … present an overview of India's technological trajectory with a view to understanding the nuances of India's technological … capability and the role it has played in the process of India's economic progress. Our conclusion is that while India has …
Persistent link: https://www.econbiz.de/10011807633
manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
Persistent link: https://www.econbiz.de/10011807634
Economic globalization causes an increasing international fragmentation (disintegration) of value-added-chains, whereby …
Persistent link: https://www.econbiz.de/10010294506
International fragmentation, or outsourcing, is often referred to as a distinctly novel feature in today's global … outsourcing targets for western European firms. Against this background this paper provides a policy-oriented discussion of cross … globalization. It then uses simple graphical tools to address, in a general way, several questions that appear relevant from western …
Persistent link: https://www.econbiz.de/10010294567
fragmentation may cause a domestic welfare loss, because outsourcing takes place in discrete steps where it affords firms quasi … process of fragmentation caused by less costly outsourcing is beneficial for the domestic economy. …
Persistent link: https://www.econbiz.de/10010294583
A distinctive feature of the present wave of economic globalization is that the principle of world-wide arbitrage is … outsourcing, or international fragmentation. Economists have investigated this phenomenon with a focus on welfare and factor price … welfare efect of outsourcing. Moreover, the paper highlights a crucial distinction between outsourcing that takes place in an …
Persistent link: https://www.econbiz.de/10010294605
. The paper identifies conditions under which outsourcing to a low-wage country is a friend or an enemy to domestic labour …
Persistent link: https://www.econbiz.de/10010294622
We document a significant increase in the sorting of workers by cognitive and non-cognitive skills across Swedish firms between 1986 and 2008. The weight of the evidence suggests that the increase in sorting is due to stronger complementarities between worker skills and technology. In...
Persistent link: https://www.econbiz.de/10011440154
This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010281026
to the 1990s, VC was primarily a US-only phenomenon. The globalization of IT activities induced the US venture capital … Sweden, Canada, the UK, India and France. For deals outside the US, cross-border participation has been the norm, while US …
Persistent link: https://www.econbiz.de/10010285310