Extending the neo-Schumpeterian trade model, we estimate a 'social-gap' model for a group of 17 OECD countries over the period 1975-1995. We find that government spending on social protection, employment protection regulations, union density, strike activity, and income security in the labor...

The revolution in social thought which has taken place in anthropology, sociology, history, literature and even law has been squelched in economics by both neoclassicals and Marxists. It is the purpose of this essay to show that aspects of contemporary poststructuralist and feminist theory are...

This paper develops a technology-gap model of intraindustry trade in oligopoly industries with megacorp pricing. Firms maximize market share by choosing available products in the product line. They produce subject to a product life cycle and a constraint that the markup over average costs must...

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This paper considers the effects of globalization on economic insecurity. It argues that the heightened economic insecurity calls not only for greater oversight of finance, but a rebuilding of domestic labor market protections.

Analysis of 35 U.S. manufacturing and service industries over the period 1998-2006 supports aggregate and firm-level studies showing that off-shoring is associated with a higher share of corporate profit in total value added. But these “dynamic” gains from off-shoring have not been realized,...

Imports are linked to higher cost mark-ups and firm profits, and the gains from such non-competitive imports--the result of offshoring--are increasingly associated with the reinvestment of these higher profits. Our regression analysis of 35 US manufacturing and service industries over the period...