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This paper examines whether a country’s economic reforms are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are...
Persistent link: https://www.econbiz.de/10005064175
Deindustrialisation, stagnant real incomes of production workers and increasing inequality are latter-day features of many economies. It’s common to assume that such developments pressure policy-makers to relax environmental standards. However, when heavily polluting industries become less...
Persistent link: https://www.econbiz.de/10005731462
Persistent link: https://www.econbiz.de/10009188969
This paper examines whether a country's economic reform are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are...
Persistent link: https://www.econbiz.de/10005227323
Foreign direct investment (FDI) has grown far more rapidly than trade during the last two decades. As with the other prominent features of globalization, FDI is controversial. The impact of FDI on labour markets has been of growing concern, in particular for source countries. The deterioration...
Persistent link: https://www.econbiz.de/10005315107
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For a number of OECD countries, the deterioration of labour market outcomes for less-skilled workers since the early 1980s has coincided with a steady decline in union membership. Globalisation is commonly believed to have contributed to both developments. However, recent studies fail to find...
Persistent link: https://www.econbiz.de/10005217626
There is no shortage of theories that purport to explain why globalization may have adverse, insignificant, or even beneficial effects on income and earnings inequality. Surprisingly, the empirical realities remain an almost complete mystery. In this paper, we use data on industrial wage...
Persistent link: https://www.econbiz.de/10005321595
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