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Fragmentation in production, vertical integration and wage inequality : a theoretical note
Das, Gouranga Gopal - In: Modern economy 3 (2012) 8, pp. 958-964
Persistent link: https://www.econbiz.de/10010201975
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Fragmentierung : Außenhandel unter den Bedingungen vertikaler Globalisierung ; ein Überblick
Sell, Friedrich L. - 2001
fragmentation. Whereas the growth in North-South trade has been labeled "horizontal globalisation", fragmentation stands for the … "vertical globalisation". First fragmentation is introduced into a Ricardian model with one factor of production in a small … functions where we introduce one or two components. As a result, it seems to be clear that fragmentation is changing …
Persistent link: https://www.econbiz.de/10010509348
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The Historical Model : The 99 Percent
Chandler, DiMarkco Stephen - 2011
Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...
Persistent link: https://www.econbiz.de/10014175063
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Fragmentation in Production, Vertical Integration and Wage Inequality : A Theoretical Note
Das, Gouranga Gopal - 2013
Developing a three-sector and four-factor general equilibrium model, this paper offers an explanation of wage inequality in a vertically fragmented production structure typical of off-shore outsourcing to developing countries like China or India. The model characterizes a typical developing...
Persistent link: https://www.econbiz.de/10013076486
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The new Ricardian specific factor model
Marjit, Sugata; Das, Gouranga Gopal - 2021
This paper explores the implications on trade and wage inequality of introducing financial capital or credit in the standard Ricardian model of production, where a given amount of start-up credit is used to employ sector specific skilled and unskilled workers following the Wage Fund approach of...
Persistent link: https://www.econbiz.de/10012509555
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Intra-industry trade, fragmentation and export margins : an empirical examination of sub-regional international trade
Yoshida, Yūshi - In: The North American journal of economics and finance : a … 24 (2013), pp. 125-138
Persistent link: https://www.econbiz.de/10009739674
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Vertical specialization, international task fragmentation, and convergence
Marjit, Sugata; Oladi, Reza - 2021
intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical … developing economy grows faster than the rest of the world as a result of global fragmentation and trade in intermediates if it …
Persistent link: https://www.econbiz.de/10012668495
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Real trade costs, fragmentation and employment
Kratena, Kurt; Wüger, Michael - 2001
This paper attempts to quantify the impact of fragmentation on employment. Factor demand functions for labour and … partly imported intermediates (= outsourcing or fragmentation) (ii) increased employment due to higher demand caused by an …
Persistent link: https://www.econbiz.de/10011492007
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Regular infinite economies
Covarrubias, Enrique - 2010
The main contribution of this paper is to place smooth infinite economies in the setting of the equilibrium manifold and the natural projection map à la Balasko. We show that smooth infinite economies have an equilibrium set that has the structure of a Banach manifold and that the natural...
Persistent link: https://www.econbiz.de/10003962133
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An extension of the sard-smale theorem to domains with an empty interior
Accinelli, Elvio; Covarrubias, Enrique - 2013
A stumbling block in the modelling of competitive markets with commodity and price spaces of infinite dimensions, arises from having positive cones with an empty interior. This issue precludes the use of tools of differential analysis, ranging from the definition of a derivative, to the use of...
Persistent link: https://www.econbiz.de/10010228306