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In this paper, we investigate how de facto financial globalization has influenced the labor share in developing …
Persistent link: https://www.econbiz.de/10011581740
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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We examine the relationship between trade and financial globalization and the rise in inequality in most countries in … recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited … overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction …
Persistent link: https://www.econbiz.de/10012770389
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in … recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited … overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction …
Persistent link: https://www.econbiz.de/10012705813
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In this paper, we assess the effect of globalization on the distribution of income within countries, focussing on the … emphasized in recent research. Our results are easy to summarize. Globalization has little effect on income inequality within …
Persistent link: https://www.econbiz.de/10011578248
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