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Organization of Multinational Activities and Ownership Structure

Mugele, Christian; Schnitzer, Monika - 2006

assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … understood as reducing distance, leads to more integration. …

Persistent link: https://www.econbiz.de/10010427459

Evaluating China’s integration in world trade with a gravity model based benchmark

Bussière, Matthieu; Schnatz, Bernd - 2006

The rapid transition of China from a closed agricultural society to an industrial powerhouse has been associated with a rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions have been arising ranging from holding China partly...

Persistent link: https://www.econbiz.de/10011604739

The missing globalization puzzle: another explanation

Siliverstovs, Boriss; Schumacher, Dieter - 2007

manufacturing products broken down by 25 three-digit ISIC Rev.2 categories. We estimate the distance coefficient using the log … that span the time period from 1970 till 2000. We observe a substantial decline in the value of the distance elasticity in …

Persistent link: https://www.econbiz.de/10010264976

European economic integration in econometric modelling: Concepts, measures and illustration

Krieger-Boden, Christiane; Soltwedel, Rüdiger - 2010

Processes of regional economic integration have been shaping the economic relations between countries significantly during the last decades. In addition, an increasing integration of the national economies into the global economy has affected these economic relations, too. In an effort to...

Persistent link: https://www.econbiz.de/10010272106

Exploring the intensive and extensive margins of world trade

Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004

explain movements on both margins. A Tobit estimation of this model resolves the so-called ?distance-puzzle?. It also finds …

Persistent link: https://www.econbiz.de/10010274453

International Trade, Flexible Manufacturing and Outsourcing

Eckel, Carsten - 2005

This study analyzes the impact of international trade on the diffusion of flexible manufacturing in a general equilibrium framework. Suppliers produce a flexible base product that can be adapted to the specific input requirements of a continuum of downstream industries. The vertical structure is...

Persistent link: https://www.econbiz.de/10010296394

Real and monetary challenges to wage policy in Germany at the turn of the millennium: technical progress, globalization and European Monetary Union

Franz, Wolfgang - 1999

At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled- biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....

Persistent link: https://www.econbiz.de/10010297646

Fragmentierung - Außenhandel unter den Bedingungen vertikaler Globalisierung: Ein Überblick

Sell, Friedrich L. - 2001

Dieser Beitrag soll einen Überblick und eine Systematik im Hinblick auf die aktuellen Beiträge zum Phänomen der Fragmentierung geben. Während man im Zusammenhang mit der Ausweitung des Nord-Süd-Handels von einer "horizontalen Globalisierung" spricht, gilt Fragmentierung als Ausdruck einer...

Persistent link: https://www.econbiz.de/10010300397

Jobs gained and lost through trade: The case of Germany

Lurweg, Maren; Westermeier, Andreas - 2010

The nature of international trade has changed significantly. For centuries, trade concentrated on the exchange of finished goods. It now increasingly involves bits of value that are added at different locations to combine into one final product. Therefore, trade in functions or tasks are of...

Persistent link: https://www.econbiz.de/10010302726

Financial Development, Financial Openness and Trade Openness: New evidence

Hanh, Pham Thi Hong - 2010

Employing the Pedroni co-integration technique and the GMM estimator, this paper aims at investigating the possible connection between financial development, financial openness and trade openness in twenty-nine Asian developing countries over 1994-2008. Firstly, we find a bidirectional causality...

Persistent link: https://www.econbiz.de/10011345468