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This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011794198
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970–2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011815669
for globalization. A new and "outward-looking" Lisbon strategy would focus on three key areas: international trade in …
Persistent link: https://www.econbiz.de/10005451572
The Belt and Road Initiative (BRI) is a Chinese endeavor to create an international public good (IPG) for bringing a cooperative solution to existing infrastructure deficits, mainly in the Eurasian landmass. This article aims to question the institutional quality of the BRI as a global...
Persistent link: https://www.econbiz.de/10012119326
This paper studies the degree of integration of China's domestic market and investigates the determinants of inter-provincial trade barriers under the rubric endogenoustrade policy theory. I rely on industry-level trade flows extracted from provincial input-output tables to develop a model that...
Persistent link: https://www.econbiz.de/10011337997
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011794029
Investment Team, Development Research Group - is part of a larger effort in the group to study the links between globalization …
Persistent link: https://www.econbiz.de/10012749038
With increasing integration and complexity in the digital markets, the absence of multilateral competition law and regulations has, to some degree, contributed to rising trade tensions among major trade partners. China's globalism, characterized by the Belt and Road Initiative (BRI), is still...
Persistent link: https://www.econbiz.de/10012847253
We explore the conditions under which a financial asset emerges as a global store of value and can co-exist with a pre-existing (incumbent) store of value. In our model the acceptability of an asset as a global store is driven by the issuing region's financial development, growth rate, degree of...
Persistent link: https://www.econbiz.de/10013044917
The dynamic process of integration of national economies has a long history, with two distinct waves: one, from the middle of the 19th century until its interruption with outbreak of the First World War in 1913 till the end of the Second World War in 1945. The second wave is ongoing dating from...
Persistent link: https://www.econbiz.de/10013024717