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The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
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. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …
Persistent link: https://www.econbiz.de/10010333860
We explore the impact of multilateral liberalization, with emphasison distributional effects across countries. We first develop a realistic base1ine that takes into account events such as the entry of China into the WTO and the enlargement of the EU, allowing us to focus on those effects that...
Persistent link: https://www.econbiz.de/10010324865
We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between...
Persistent link: https://www.econbiz.de/10010325533
The literature has paid very little attention to a potential positive endogenous nexus between trade globalization and … the gravity trade theory, using data from a sample of 134 IMF countries over the pe- riod 1974-1998. An extensive search … shows that trade globalization dampens political liberalization, though political liberalization fosters trade globalization …
Persistent link: https://www.econbiz.de/10011470776
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In this paper we compare the patterns of trade and financial integration by exploiting network analysis. Our results show that, by combining binary and weighted network analysis, it is possible to deliver more precise and thorough insights on the topological structure and properties of the...
Persistent link: https://www.econbiz.de/10010328391
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments … towards lower education. In industrialized countries, on the other hand, globalization has an ambiguous effect on the …
Persistent link: https://www.econbiz.de/10010267052