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Who's Afraid of a Globalized World? Foreign Direct Investments, Local Knowledge and Allocation of Talents
Pica, Giovanni - 2012
We study the distributional effects of globalization within a model of heterogeneous agents where both managerial … environments are. In this context, we show that globalization fosters FDI and raises wages, output and productivity. However, not … everybody wins. The steady state relationship between globalization and income is U-shaped: high- and low-income agents are …
Persistent link: https://www.econbiz.de/10013116695
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Globalization and Foreign Direct Investment in the GCC Countries : A Recipe for Post COVID-19 Recovery
Dempere, Juan; Modugu, Kennedy Prince - 2022
This study investigates the long-run relationship between the de jure economic, political, and social globalization and … estimation show that the de jure economic and social globalization have a significant positive impact on the region’s foreign … direct investment inflows. The impact of the de jure political globalization on foreign direct investment is statistically …
Persistent link: https://www.econbiz.de/10014243385
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Foreign direct investment and search unemployment theory and evidence
Schmerer, Hans-Jörg - 2012
This paper proposes a simple multi-industry trade model with search frictions in the labor market. Unimpeded access to global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry margin. Whether a country benefits from FDI in terms...
Persistent link: https://www.econbiz.de/10009529635
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Skill-biased labor market reforms and international competitiveness
Schmerer, Hans-Jörg - 2012
; globalization ; search unemployment ; labor market institutions …
Persistent link: https://www.econbiz.de/10009628611
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FDI, skill-specific unemployment, and institutional spillover effects
Schmerer, Hans-Jörg - 2012
at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market …
Persistent link: https://www.econbiz.de/10009409344
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Skill-biased labor market reforms and international competitiveness
Schmerer, Hans-Jörg - 2012
This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (1994) give rise to unemployment and a channel for the government to influence markets through institutional changes. Labor market...
Persistent link: https://www.econbiz.de/10009632671
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Globalization and equality : a cross-country analysis
Urata, Shūjirō; Baek, Youngmin - 2024
Using a cross-sectional dataset of 13 manufacturing sectors in 27 Asian developing countries from 2008 to 2022, we investigated the impact of the presence of foreign firms on wages of workers from domestic firms. First, we found that the average wage of workers from foreign firms is higher than...
Persistent link: https://www.econbiz.de/10014574326
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Changes in the gobal eonomic landscape and Issues for Japan`s economy
Hogen, Yoshihiko; Ito, Yojiro; Kanai, Kenji; Kishi, Naoya - 2024
Persistent link: https://www.econbiz.de/10014526550
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Impact of globalization on Nepalese economy
Shrestha, Diwas - In: Nepalese journal of economics : a publication of … 7 (2023) 4, pp. 203-219
Persistent link: https://www.econbiz.de/10014441984
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Decoupling Chimerica: Consequences for the European Union
Beer, Sonja; Matthes, Jürgen; Rusche, Christian - 2019
The People's Republic of China experienced a tremendous economic development within the last four decades. The increased economic power and political weight of China are challenging the USA and EU. Furthermore, the strategies used by China for its own development, e.g. broad-based industry...
Persistent link: https://www.econbiz.de/10012144197